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29 May
13:30

Drozapol foresees pandemic hitting economic investment

Polish distributor Drozapol’s consolidated revenue rose 7% on-year in the first quarter to PLN 30.6 million ($7.7m) and net loss narrowed 62% to PLN 470,000. The beginning of Q1 saw increasing prices, margins and optimism stemming from higher sales revenue. Although the firm is yet to feel the effect of the Covid-19 pandemic on its business, it says possible risks include worker absenteeism and disruption to imports. “The lack of budget funds fo…
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