Wasko had PLN 15.92 million in net profit, and PLN 22.41 million in EBIT in 2021

Wasko recorded PLN 15.92 million of consolidated net profit attributable to shareholders of the parent company in 2021 against PLN 12.32 million of profit a year earlier, the company said in the report.

The operating profit amounted to PLN 22.41 million against PLN 17.14 million profit a year earlier.

Consolidated sales revenues reached PLN 502.21 million in 2021 compared to PLN 458.5 million a year earlier.

"Revenues generated by the Wasko S.A. capital group in 2021, they amounted to PLN 502.2 million, by 43.7 million more than in the comparable period, which is an increase by 9.5%. In 2021, the group generated a positive gross profit on sales of PLN 73.4 million, with a profit on sales of PLN 24.9 million and a net profit [in total] of PLN 16.2 million. The sale of works as part of the implementation of infrastructure projects had a positive impact on the results. The results achieved show that, despite the difficult circumstances, the group uses the potential developed in previous years and achieves positive effects of its operations, ”reads the report.

On a standalone basis, the net profit in 2021 was PLN 18.68 million, compared to PLN 6.04 million in profit a year earlier.

Wasko - an IT company - provides comprehensive IT, integration and maintenance services. The company's shares debuted on the WSE in 2001. Consolidated sales revenues reached PLN 502 million in 2021.

Source