30 Jul 2018, Gergana Bencheva, EMIS Editor
Poland’s PGNiG sees net profit rise to PLN 2.27bn in H1 2018
Between April and June 2018, PGNiG’s EBITDA rose to PLN 1.62 billion from PLN 1.4 billion a year earlier and operating profit reached PLN 970 million, up from PLN 768 million booked in April-June 2017.
The group explained that its financial results for the second quarter the year were negatively affected by PLN 132 million in impairments on boreholes. However, durable assets were boosted with PLN 72 million in reversed impairments, Poland AM added.
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