Antibiotice 1Q Net Profit Inches Down 2.2% To RON13M

05.15.2012 By Bogdan Neagu

Romanian drugmaker Antibiotice Iasi (ATB.RO) Tuesday reported a net profit of 12.97 million lei (EUR2.9 million) for the first quarter, down 2.2% on the year, as higher financial costs hurt the bottom line despite an improved operating result.

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Keywords:: ANTIBIOTICE; , RESULTS; , EARNINGS

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