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Irena sees 1998 net profit increase

19 February 1998: Polish glassmaker Irena SA expects to lift net profit this year by 24% to Zl 9.9 million and pre-tax profit by 23% to Zl 15.2 million, the company said in a recent statement.
The co…

19 February 1998: Polish glassmaker Irena SA expects to lift net profit this year by 24% to Zl 9.9 million and pre-tax profit by 23% to Zl 15.2 million, the company said in a recent statement. The company reported a net profit of Zl 1.99 million in fourth quarter 1997 compared with Zl 1.88 million in 1996, and net sales of Zl 18.97 million compared with Zl 18.63 million in the fourth quarter of 1997. Irena said sales this year would rise by 29% to Zl 94.3 million.

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