Polish brewer, Pepees SA, has reported a net profit of ZL700,000 ($171,000/EUR195,000) for 2001, against a net profit of ZL6.8 million ($1.7 million/EUR1.9 million) for 2000.

The company posted sales of ZL80.1 million ($19.6 million/EUR22.3 million) for 2001, against ZL130.7 million ($31.9 million/EUR36.4 million) for 2000. Operating profit also fell from ZL11.9 million ($2.9 million/EUR3.3 million) in 2000 to ZL4.4 million ($1.0 million/EUR1.2 million) for 2001.