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Article: IPO WATCH: Polish-controlled Czech software Asseco CR triples 2007 net profit to CZK 93.4 mln.
- Article from:
- Czech Business News
- Article date:
- April 1, 2008
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IPO WATCH: Polish-controlled Czech software Asseco CR triples 2007 net profit to CZK 93.4 mln
PRAGUE. APRIL 1. INTERFAX CENTRAL EUROPE - Czech software and IT systems supplier Asseco CR tripled net profit to CZK 93.4 mln last year, despite a 6% year-on-year (y/y) drop in sales to CZK 1.03 bln, the Polish-controlled company announced Tuesday.
"[Asseco CR] together with its subsidiaries achieved a consolidated earnings of nearly CZK 1.5 bln," said the company, a subsidiary of Warsaw-listed-listed Asseco Slovakia, itself a unit of Poland's Asseco group. "Asseco CR more than tripled its net ...