Warsaw (Puls Biznesu) – W.Kruk, Poland’s listed jewelry producer, had PLN 3.9m (EUR 1m) of net income, or 13 percent more than it planned at the beginning of last year. Operating income amounted to PLN 6.45m, or 11 percent higher.
Better results of W.Kruk allowed to increase the income of the whole group, which had PLN 5.8m of net income, or 16 percent more than it had planned. Operating income was 11 percent higher and amounted to PLN 9.4m. The management explained that it was not only thanks to W.Kruk but also thanks to Deni Cler, its subsidiary selling luxury clothes.
(PLN 1 = EUR 0.264)