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