Mitsides Public Company Limited Announces Consolidated Earnings Results for the Year Ended December 31, 2017
Mitsides Public Company Limited announced consolidated earnings results for the year ended December 31, 2017. For the year, the company reported income of EUR 34,921,002 compared to EUR 35,325,058 a year ago. Operating loss was EUR 1,734,180 compared to income of EUR 69,170 a year ago. Loss before taxation was EUR 2,047,130 compared to EUR 856,334 a year ago. Net loss attributable to company shareholders was EUR 2,245,672 or 27.39 cents per basic share compared to EUR 1,184,574 or 14.45 cents per basic share a year ago. Net cash from operations was EUR 746,551 compared to EUR 3,047,102 a year ago. Purchase of property, plant and equipment was EUR 325,076 compared to EUR 350,565 a year ago.