Wittchen reports net loss of PLN 3.97 mln and positive EBITDA in H1 2020

WSE-listed leather accessories seller, Wittchen, recorded PLN 3.97 million of consolidated net loss attributable to shareholders of the parent company in H1 2020 compared to PLN 5.57 million of profit a year earlier, the company said in the report.

The operating loss was PLN 3.15 million vs. PLN 7.05 million profit a year earlier. Consolidated sales revenues reached PLN 77.47 million in the first half of 2020, compared to PLN 106.82 million a year earlier.