PannErgy Plc Announces Consolidated Earnings Results for the Year Ended December 31, 2017
PannErgy Plc announced consolidated earnings results for the year ended December 31, 2017. For the year, the company reported that sales revenues were HUF 4,699,211,000 against HUF 4,529,069,000 a year ago. Operating profit was HUF 922,990,000 against of HUF 280,496,000 a year ago. Profit before taxation was HUF 625,537,000 against loss of HUF 130,797,000 a year ago. Net profit for the year was HUF 504,530,000 against loss of HUF 158,529,000 a year ago. Profit attributable to shareholders of the company was HUF 487,860,000 against loss of HUF 150,999,000 a year ago. Diluted earnings per share were HUF 26.33 against loss per share of HUF 8.47 a year ago. Net cash from operating activities was HUF 1,894,973,000 against HUF 775,414,000 a year ago. Acquisition of tangible and intangible assets was HUF 494,035,000 against HUF 1,319,738,000 a year ago. EBITDA was HUF 2,241,182,000 against HUF 1,715,345,000 a year ago. Return on equity was positive 5.41% against negative 1.70% a year ago. Return on assets was positive 1.95% against negative of 0.60% a year ago.