Zentiva profit fell by nearly € 50 million

Friday, 01. June 2012, 16:03

Company Zentiva Hlohovec has greatly outraged in 2011. Its net profit amounted only € 7.55 million. Year before it was € 54.8, that is seven times less. Revenues were comparable in both years, but production costs, however, last year sharply increased. They increased from € 87 million in 2010 to € 142.8 in 2011. Producer of generics declined to comment on the reasons of the drop in his profit.