Market Overview

Grupa Lotos Posts Drop In Q1 Net Profit

Polish refiner Grupa Lotos SA reported a 6.2% y/y drop in its first-quarter net profit.

Its quarterly net profit fell to 597 million zlotys ($187 million), from PLN636 million in the year-ago period, and versus analysts' estimates of PLN387 million.

Its sales climbed 20% to PLN7.83 billion.

Posted-In: profitEarnings News

 

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