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Czech News in English » Business » Datart has tripled profits to CZK 27.4m

Datart has tripled profits to CZK 27.4m

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In the 2015/2016 fiscal year Datart International increased its revenues 11 % y/y to CZK 5.1bn. Its profits tripled to CZK 27.4m. The result was positively affected by connecting brick-and-mortar stores to its e-shop. According to financial director David Loyer the company’s strategy does not involve expansion to additional countries or of its assortment but rather a focus on the sale of electronics and related services in the Czech Republic and Slovakia. In 2016 the company plans to open three new stores.

Source: www.cianews.cz

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