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Mallouppas & Papacostas Public CO LTD

Earnings Release Feb 26, 2016

2481_er_2016-02-26_8b219a49-a0f6-4dfb-9af2-34bf7c2b34e7.pdf

Earnings Release

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MALLOUPPAS & PAPACOSTAS PUBLIC CO LTD

INDICATIVE CONSOLIDATED PROFIT AND LOSS ACCOUNT for the year ended 31 December 2015

2015
Unaudited
2014
Audited
Turnover 35.987.380 37.146.919
Cost of sales (21.533.366) (22.103.565)
Gross profit 14.454.014 15.043.354
Other income 388.127 690.510
Other loss – net (3.475.171) (2.239.439)
Administrative expenses (2.297.115) (2.051.290)
Selling and marketing expenses (11.423.575) (11.275.486)
Profit/(loss) from operations (2.353.720) 167.649
Finance cost (604.458) (795.252)
Loss before taxation (2.958.178) (627.603)
Taxation 347.910 46.943
Loss for the year (2.610.268) (580.660)
Attributable to:
Shareholders of holding company (2.608.033) (578.639)
Minority interest (2.235) (2.021)
Loss for the year (2.610.268) (580.660)
Basic and fully diluted loss (cents per share): (6.04) (1.34)

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