Bioton turns to PLN 2.2 million of net profit in Q1

Bioton reported PLN 2.19 million of consolidated net profit in the first quarter of 2018 compared to PLN 10.8 million loss a year earlier, the company said in a report. Operating profit amounted to PLN 6.06 million compared to PLN 2.07 million loss a year earlier. Consolidated revenue reached PLN 69.03 million in the first quarter of 2018 against PLN 69.62 million year-on-year. Bioton is a Polish biotech company dealing in the production of medicines. Established in 1989, it has been listed on the Warsaw Stock Exchange since March 16, 2005.