Sygnity: loss of almost PLN 28m

2007-06-08

Sygnity, a listed IT company, has reported that, according to audited data, it suffered a net loss of PLN 27.59m (€7.26m) in 2006, whereas in the previous year it was PLN 11.45m (€3m) in the black.
Consolidated revenues in 2006 amounted to PLN 927.06m (€243.96m), an increase in comparison with 2005’s PLN 858.12m (€225.8m). Operational loss for the group stood at PLN 13.35m (€3.5m), while in 2005 the result was a profit of PLN 34.07m (€8.97m).
Sygnity recently changed its name from ComputerLand and is about to conclude a merger with Emax, another listed IT integrator.

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