The net financial result of non-financial enterprises amounted to PLN 21.3bn (EUR 5.1bn) in Q1 of 2014, i.e. it rose by 20.6% on the year, according to national stats office GUS.
At that time, their net profits was up by 4.7% y/y to PLN 28.9bn, while net losses declined by 23.5% y/y to PLN 7.6bn.
Revenues from total activity increased by 2.7% y/y to PLN 566.4bn in Q1 of 2014, while total costs were up by 2.1% on the year to PLN 540.8bn.
In Q1 of 204, the gross turnover profitability improved to 4.5% from 4.0% a year before, while the net turnover profitability rate was up to 3.8% from 3.2%, respectively.
Polish protests against the government's judiciary reforms continued for a sixth day on July 23, as crowds sought to add to pressure on President Andrzej Duda to veto the controversial bills that ... more
Senior Czech judges on July 21 denounced Poland's judicial overhaul as an attack on the rule of law. With big street protests in the Czech Republic's neighbour seemingly gathering momentum – 120 ... more
Unipetrol looks to have finally got over the August 2015 fire and explosion that wrecked its steam cracker, an indispensable installation in the production of ethylene feedstock needed to manufacture ... more