Brzeg Dolny, Poland — PCC Rokita saw gross profit fall in its polyurethane segment despite a 5% increase in sales in the first quarter of 2017.
The firm's sales reached PLN 152m ($ 39.4 m) in the first quarter of 2017 compared with PLN 144m in the same period in 2016. At the same time gross profit fell year on year by PLN 6.4m to PLN 8.2m in the first quarter of 2017.
Overall, the company's sales grew from PLN 281m in the first quarter of 2016 to PLN 304m in the 2017 quarter. Gross profit increased by almost PLN 500,000 to PLN 37.6m compared with PLN 32.3 m in the earlier quarter.
Currency translation XE.com 12 May 2017.