Tire Company Debica S.A. - Latest Posts
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The tire producer Debica ends quarter with PLN 8.7 million net profit, but losses at operating level
Tire company Debica S.A., a leading manufacturer of tires for cars and trucks on the Polish market, in Q3 2024 reported sales revenues higher by 7% y-o-y, and EBIT increased by 97.9%. The company made a net profit of PLN 8.7 million, compared to a loss of PLN 17.7 million a year earlier. In the three quarters of 2024, sales revenues amounted to nearly PLN 1.85 billion. EBIT reached PLN 55.3 million, and net profit was PLN 67.8 million. The Company's financial results were lower than in the same...