November 30, 2016 / 4:56 PM / 9 months ago

BRIEF-Olainfarm Q3 net profit shrinks to 1.66 mln euros

Nov 30 (Reuters) - Olainfarm AS :

* 9M 2016 turnover at 78.7 million euros ($83.29 million) up 9 percent versus year ago

* Q3 2016 turnover at 25.2 million euros up 15 percent versus year ago

* Q3 2016 net profit at 1.66 million euros down 41 percent versus year ago

* Says profit was adversely influenced by provisions of 2.2 million euros for ukrainian and russian receivables

* Says profit was influenced by potential value impairment of investments in belarussian company npk biotest

Source text: bit.ly/2gxXnmA

Further company coverage: ($1 = 0.9449 euros) (Gdynia Newsroom)

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