Mercor profit drops

WSE-listed producer of fire protection systems Mercor had PLN 1.68 million net profit in Q3 of the 2016/17 fiscal year, compared to PLN 3.12 million recorded last year. Company’s operating profit stood at PLN 3.47 million vs. PLN 5.15 million in 2015/16 fiscal year. In the first three quarters of the 2016/17 fiscal period, the company had PLN 8.13 million in net profit compared to PLN 5.92 million in the corresponding period in 2015/16 FY.