Komputronik 2016 profits up

Komputronik reported PLN 5.26 million in consolidated net profit during the first half of the fiscal year, the company indicated in a press release on Thursday. This was up 22 percent, y/y. Operating profit was also higher than in 2015, at PLN 7.71 million, in comparison with PLN 7 million for the same time period in 2015. The figures measured profits between April 1 and September 30 of this year. In terms of individual net profit, the amount was way up, totalling PLN 5.57 million, in comparison to PLN 3.81 million a year ago. However, its revenues were down slightly in 2016, by 6 percent y/y. The Poznań-headquartered company was founded by Wojciech Buczkowski in 1996, and has steadily expanded its base of employees since 2010. Currently just under 1,000 people work for the company, which has been listed on the main floor of the WSE since 2007.