Glassworks LR Crystal profit

Slovakian glassworks LR Crystal Lednicke Rovne recently reported a gross profit of SKK 50 million in the first half of this year, up by 2% year on year, adding that operating profit was some SKK 59 mi…

Slovakian glassworks LR Crystal Lednicke Rovne recently reported a gross profit of SKK 50 million in the first half of this year, up by 2% year on year, adding that operating profit was some SKK 59 million. Overall revenues rose by 11% year on year to SKK 674.7 million. Revenues from the sale of own products and services amounted to SKK 795 million in the first half of the year. Last year the glassworks posted a net profit of SKK 9.7 million and pre-tax profit stood at SKK 19.1 million. Revenues from the sale of own products and services reached SKK 1.088 billion and the total output stood at SKK 1.178 billion last year. Exports made up 95% of the output last year, heading especially for the EU countries. The US bought 19% of the exports and the Czech Republic 3%. Last year the glassworks invested SKK 177 million. LR Crystal currently employs some 1,500 people with an average monthly wage of SKK 13,500.