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.
Poland’s National Broadcasting Council (KRRiT) has cancelled on January 10 its own decision to fine the US-owned media group TVN PLN1.48mn (€350,000) for covering protests against ... more
Poland’s state-controlled oil and gas company PKN Orlen has launched an offer to take over Czech refiner Unipetrol, the Polish company said on December 13. PKN Orlen said it will go through with ... more