Diagnostyka reports 10% Q2 net profit fall
Diagnostyka GPW:DIA reported a 10% fall in second-quarter net profit. The company said surging costs outpaced rising revenue, driven by higher volumes and prices of diagnostic tests and services.
Diagnostyka GPW:DIA said on Thursday its second-quarter net profit fell 10% as costs increased faster than revenue. Higher volumes and prices for diagnostic tests and services lifted revenue, but not enough to offset the cost pressure. The company said it continued its expansion strategy.