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POLAND: Okocim posts increased net loss in Q4

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The Polish brewer, Carlsberg Okocim, posted a net loss for the fourth quarter of 2002 of PLN10.35m, against a net loss in the fourth quarter of 2001 of PLN1.17m. Sales in the fourth quarter rose from PLN84.82m to PLN217.86m.

Okocim, part of the Danish brewing combine, Carlsberg, registered an operating loss of PLN9.75m for the quarter, against an operating loss in the last quarter of 2001 of PLN5.97m.

For 2002 as a whole, Carlsberg Okocim's sales rose from PLN463.35m to PLN1.01 billion, while the company turned an operating loss of PLN26.38m in 2001 into an operating profit of PLN7.58m for 2002. Okocim also posted a net profit for 2002 of PLN2.81m, against a net loss in 2001 of PLN5.24m.


Companies: Carlsberg

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