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Purcari - Revenues on the rise, profit on the decline in the first quarter
* Interest and foreign exchange expenses have eroded the wine producer and #39;s profitability Wine producer Purcari Wineries (WINE) reported revenues of 91 million lei in the first three months of this year, 12% more than in the same period last year, while net profit fell by 17% to nine million lei, according to the issuer and #39;s report published yesterday on the Bucharest Stock Exchange (BVB) website.
* Interest and foreign exchange expenses have eroded the wine producer and #39;s profitability
Wine producer Purcari Wineries (WINE) reported revenues of 91 million lei in the first three months of this year, 12% more than in the same period last year, while net profit fell by 17% to nine million lei, according to the issuer and #39;s report published yesterday on the Bucharest Stock Exchange (BVB) website.
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