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Irena: fourth quarter and full year 1996 results

The Polish glass firm Huta Szkla Gospodarczego Irena SA (Irena) has announced improved sales and profits for the fourth quarter of 1996.
Its net profit rose from a 1995 third-quarter figure of Zl 0.8…

The Polish glass firm Huta Szkla Gospodarczego Irena SA (Irena) has announced improved sales and profits for the fourth quarter of 1996. Its net profit rose from a 1995 third-quarter figure of Zl 0.82 million to Zl 1.8 million in 1996 on net sales which increased from Zl 12.51 million to Zl 18.63 million. For the whole year, a pre-tax profit of Zl 9.62 million (Zl 9.88 million in 1995) was recorded on net sales of Zl 60.77 million (Zl 51.37 million in 1995).

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