Market Overview

Grupa Lotos Posts Upbeat Q4 Profit


Grupa Lotos SA posted a 63% drop in its fourth-quarter net profit.

Grupa Lotos' quarterly net profit fell to 93.72 million zlotys ($29.6 million), versus analysts' estimates of PLN29.97 million and versus a revised net profit of PLN251.3 million in the year-earlier period.

Its sales surged 46% to PLN8.36 billion


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