POLAND: Ambra SA half-year profit jumps
Polish wine company Ambra SA has forecast a profit gain of nearly EUR1m for the first half of the year.
The company is expecting to boost net profit to EUR5.2m (US$6.16m) for the first half of the 2006 financial year - which ends in June - compared to EUR4.3m profit in the same period last year, reported the Polish News Digest.
According to reports, operating profit rose to EUR9.3m, from EUR7.7m, and gross profit from sales climbed to EUR18.6m, from EUR14.5m. Consolidated sales revenue increased to EUR53.8m, from EUR51.9m in the same half-year period last year.
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