Polska Grupa Energetyczna Stock (OTC: PGPKY)

Latest news for Polska Grupa Energetyczna (OTC:PGPKY) Stock

Polska Grupa Energetyczna SA is a Polish electric utility company of which the Polish State Treasury is the majority shareholder. The vast majority of Polska Grupa's revenue comes, collectively, from its conventional generation business, which mines coal and controls power plant operations; its distribution business, which distributes electricity throughout Poland; and its supply business, which purchases and sells electricity and heat. Polska Grupa controls a portfolio of lignite, coal, gas, biomass, hydro, and wind power plants. most of the company's power production is derived from its lignite-fired and coal-fired facilities. Almost all of Polska Grupa's revenue comes from the Polish market, and it is one of the largest energy producers in the country.

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PGPKY

PGE Q2 Net Profit Drops 4.6%

PGE POLSKA ENERG UNSP/ADR by PGE Polska Energetyczna SA

Polska Grupa Energetyczna SA

PGE Polska Grupa Energetyczna SA (OTC: <a class="ticker" href="/stock/pgpky#OTC">PGPKY</a>) reported a 4.6% drop in its second-quarter net profit.

PGE's quarterly net profit fell to 965 million zlotys ($295 million), missing analysts' estimates of PLN1.02 billion. 

Its revenue increased to PLN7.04 billion.

Polska Grupa Energetyczna

PGE Polska Grupa Energetyczna SA (OTC: <a class="ticker" href="/stock/pgpky#OTC">PGPKY</a>) reported a 4.6% drop in its second-quarter net profit.

PGE's quarterly net profit fell to 965 million zlotys ($295 million), missing analysts' estimates of PLN1.02 billion. 

Its revenue increased to PLN7.04 billion.

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Polska Grupa Energetyczna

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Wednesday, August 29, 2012

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