The Polish confectionery group Wawel SA has posted net profit of PLN6.34m (US$2.1m) for the first quarter of 2006, up 58% from PLN4.02m in 2005.
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Operating profit also rose sharply, from PLN4.24m to PLN7.61m, while sales reached PLN60.24m, against PLN52.11m in the first quarter of last year.
In 2005, Wawel, which is a listed company, generated a net profit for the year of PLN22.97m, on sales of PLN217.62m.
