Carpathia Capital S.A. Reports Audited Earnings Results for the Year Ended December 31, 2016
Carpathia Capital S.A. reported audited earnings results for the year ended December 31, 2016. For the year, the company’s operating profit was PLN 976,000 against operating loss of PLN 121,000 a year ago. Profit before tax was PLN 971,000 against loss before tax of PLN 121,000 a year ago. Net profit for the operating period was PLN 786,000 against net loss for the operating period of PLN 121,000 a year ago. Negative net cash flows from operating activities were PLN 166,000 against net cash flows from operating activities of PLN 28,000 a year ago.