Asseco net profit falls to PLN 65 mln in Q1

Asseco Poland, Eastern Europe's largest software producer, recorded a net profit of PLN 65.6 million in Q1 2016, compared with PLN 77.4 million in the corresponding period of last year, the company reported. Operational net profits totalled PLN 186 million, whereas they stood at 164.3 million in Q1 2015. Consolidated sales revenue reached PLN 1.84 billion in Q1, whereas it amounted to PLN 1.59 billion in the previous year. Asseco group operates in 40 countries. The company has been listed on the WSE since 1998.