PBKM Q1 net profit grows to PLN 10 mln

Polish stem cell bank PBKM recorded Q1 net profit of PLN 9.96 million compared to PLN 5.89 million a year ago, the company said. Operating profit amounted to PLN 11.63 million compared to PLN 8.32 million profit in Q1 2017.  EBITDA  was  PLN 13.06 million, up 38.1 percent compared to a year earlier. Consolidated revenues reached PLN 36.1 million. Sales in the B2C segment accounted for around 88.8 percent of total group sales,  PBKM added.