Results Snapshot
Figures in Million
Consolidate Annual Results
Dec'22
Dec'21
Dec'20
Dec'19
Dec'18
Dec'17
Dec'16
Net Sales
5,386.42
3,478.75
2,988.26
3,233.00
3,672.66
3,579.39
3,455.34
Other Operating Income
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Operating income
5,386.42
3,478.75
2,988.26
3,233.00
3,672.66
3,579.39
3,455.34
Raw Material Cost
4,293.08
2,868.73
2,379.99
2,542.88
2,917.17
2,673.75
2,427.38
Purchase of Finished goods
0.00
0.00
0.00
0.00
0.00
0.00
0.00
(Increase) / Decrease In Stocks
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Employee Cost
540.65
391.89
357.16
352.62
336.60
338.86
332.49
Power Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Manufacturing Expenses
104.27
51.38
67.42
66.34
79.68
51.36
43.23
Selling and Distribution Expenses
550.46
451.57
341.67
415.36
412.82
387.81
393.50
Other Expenses
-64.15
-44.18
-42.36
-41.33
-41.63
-38.88
-37.53
Total Expenditure (Excl Depreciation)
4,846.99
3,321.80
2,722.60
2,963.89
3,329.99
3,063.03
2,821.28
Operating Profit (PBDIT) excl Other Income
539.4
157
265.7
269.1
342.70000000000005
516.4
634.0999999999999
Other Income
53.92
172.30
19.93
60.01
28.46
0.52
23.66
Operating Profit (PBDIT)
1,138.88
730.85
611.22
610.15
664.16
775.59
889.65
Interest
104.27
51.38
67.42
66.34
79.68
51.36
43.23
Exceptional Items
-12.62
-51.20
-16.36
-63.86
-5.26
35.68
12.08
Gross Profit (PBDT)
1,093.34
610.02
608.27
690.12
755.49
905.64
1,027.95
Depreciation
431.61
371.43
339.14
310.41
274.71
244.39
223.47
Profit Before Tax
590.39
256.86
188.29
169.54
304.51
515.52
624.28
Tax
27.09
37.67
64.95
65.39
192.52
121.77
30.81
Provisions and contingencies
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Profit After Tax
566.94
220.00
124.43
106.54
112.04
393.41
593.51
Extraordinary Items
0.00
-0.00
0.00
0.00
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Net Profit
566.94
220.00
124.43
106.54
112.04
393.41
593.51
Share in Profit of Associates
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Minority Interest
-2.24
-0.78
-1.25
-1.28
0.46
0.56
0.62
Other related items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Consolidated Net Profit
564.70
219.22
123.18
105.26
112.50
393.98
594.14
Equity Capital
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Face Value
5.0
5.0
5.0
5.0
5.0
5.0
5.0
Reserves
2,710.22
2,390.11
2,120.61
1,977.80
1,898.84
2,187.60
1,766.83
Earnings per share (EPS)
10.76
4.31
2.45
2.09
2.13
7.47
11.26
Diluted Earnings per share
10.76
4.31
2.45
2.09
2.13
7.47
11.26
Operating Profit Margin (Excl OI)
12.13%
5.38%
8.44%
7.42%
9.83%
14.83%
18.28%
Gross Profit Margin
18.97%
18.06%
17.65%
14.85%
15.77%
21.23%
24.53%
PAT Margin
10.53%
6.32%
4.16%
3.3%
3.05%
10.99%
17.18%
Public Share Holdings (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Pledged Promotor Holding (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Annual Analysis Highlights
Net Sales
YoY Growth in year ended Dec 2022 is 54.84% vs 16.41% in Dec 2021
Consolidate Net Profit
YoY Growth in year ended Dec 2022 is 157.62% vs 77.92% in Dec 2021
Operating Profit (PBDIT) excl Other Income
YoY Growth in year ended Dec 2022 is 94.24% vs -5.53% in Dec 2021
Interest
YoY Growth in year ended Dec 2022 is 102.92% vs -23.74% in Dec 2021
Operating Profit Margin (Excl OI)
YoY Growth in year ended Dec 2022 has improved from Dec 2021
Compare Annual Results Of CIECH SA With
Figures in Million
Consolidate Annual Results
Change(PLN)
Change(%)
Net Sales
5,386.42
1,947.36
3,439.06
176.60%
Other Operating Income
0.00
0.00
0.00
Total Operating income
5,386.42
1,947.36
3,439.06
176.60%
Raw Material Cost
4,293.08
1,556.40
2,736.68
175.83%
Purchase of Finished goods
0
0
0.00
(Increase) / Decrease In Stocks
0
0
0.00
Employee Cost
540.65
263.23
277.42
105.39%
Power Cost
0
0
0.00
Manufacturing Expenses
104.27
34.86
69.41
199.11%
Selling and Distribution Expenses
550.46
283.75
266.71
93.99%
Other Expenses
-64.15
-29.81
-34.34
-115.20%
Total Expenditure (Excl Depreciation)
4,846.99
1,840.15
3,006.84
163.40%
Operating Profit (PBDIT) excl Other Income
539.43
107.21
432.22
403.15%
Other Income
53.92
94.98
-41.06
-43.23%
Operating Profit (PBDIT)
1,138.88
372.72
766.16
205.56%
Interest
104.27
34.86
69.41
199.11%
Exceptional Items
-12.62
0.02
-12.64
-63,200.00%
Gross Profit (PBDT)
1,093.34
390.97
702.37
179.65%
Depreciation
431.61
178.92
252.69
141.23%
Profit Before Tax
590.39
158.97
431.42
271.38%
Tax
27.09
17.33
9.76
56.32%
Provisions and contingencies
0.00
0
0.00
Profit After Tax
566.94
143.04
423.90
296.35%
Extraordinary Items
0.00
0.00
0.00
Prior Period Expenses
0
0
0.00
Other Adjustments
0
0
0.00
Net Profit
566.94
143.04
423.90
296.35%
Share in Profit of Associates
0.00
0
0.00
Minority Interest
-2.24
0.03
-2.27
-7,566.67%
Other related items
0.00
0.00
0.00
Consolidated Net Profit
564.70
143.07
421.63
294.70%
Equity Capital
0
0
0.00
Face Value
5.00
1.00
0.00
Reserves
2,710.22
1,393.79
1,316.43
94.45%
Earnings per share (EPS)
10.76
7.21
3.55
49.24%
Diluted Earnings per share
10.76
7.21
3.55
49.24%
Operating Profit Margin (Excl OI)
12.13%
5.07%
0.00
7.06%
Gross Profit Margin
18.97%
17.35%
0.00
1.62%
PAT Margin
10.53%
7.35%
0.00
3.18%
Public Share Holdings (%)
0%
0%
0.00
0.00%
Pledged Promotor Holding (%)
0%
0%
0.00
0.00%
Annual - Net Sales
Net Sales 538.64 Million
in Dec 2022Figures in Million
YoY Growth in year ended Dec 2022 is 54.84% vs 16.41% in Dec 2021
Annual - Consolidate Net Profit
Consolidate Net Profit 56.47 Million
in Dec 2022Figures in Million
YoY Growth in year ended Dec 2022 is 157.62% vs 77.92% in Dec 2021
Annual - Operating Profit (PBDIT)
Operating Profit (PBDIT) 108.50 Million
in Dec 2022Figures in Million
YoY Growth in year ended Dec 2022 is 94.24% vs -5.53% in Dec 2021
Annual - Interest
Interest 10.43 Million
in Dec 2022Figures in Million
YoY Growth in year ended Dec 2022 is 102.92% vs -23.74% in Dec 2021
Annual - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) 12.13%
in Dec 2022Figures in %
YoY Growth in year ended Dec 2022 has improved from Dec 2021






