Olainfarm has a good first quarter
This article was originally published in Scrip
Executive Summary
Latvia's second-largest pharmaceutical manufacturer Olainfarm reported a net profit of €663,000 in the first quarter of this year compared with a €506,000 loss in the same period of 2008. Its earnings before interest and tax were €821,000, compared with the €279,000 loss in the same period last year.