Śnieżka Q4 profits up

WSE-listed paint producer Fabryka Farb i Lakierów Śnieżka had PLN 5.17 million consolidated net profit in Q4, representing a 36.8 percent increase year-on-year and 75.7 percent quarter-to-quarter fall, the  company said in a market filing. For the whole year, Śnieżka had PLN 55.32 million net profit, a 11.1 percent increase y/y. Revenue from sales in Q4 amounted to PLN 93.8 million and PLN 575.6 million for the whole year.