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Sales of Tallinna Vesi grew by 1.6% in Q2
BC, Tallinn, 28.07.2017.
Print version
Print versionSales of the listed Estonian water services company AS Tallinna Vesi grew 1.6% on year to 14.7 million in the second quarter of 2017 and net profit increased by 3.5 million euros to 4.3 million euros, cites LETA/BNS.
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In the first six months of the year sales fell 1.2% to 28.5 million euros,
mainly as a result of lower revenues from subsidiary Watercom and reduced storm water revenues, the company told the
stock exchange.
According to the company, its first half-year was a success and the
production and economic results were good.
The company's operating profit in the second quarter was 7.18 million
euros, showing an increase of 23%.
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