JSW Q2 profit falls, but beats expectations

WSE-listed coal producer JSW reported PLN 324.1 million net profit in Q2, down by 42.8 percent y/y, but 23.5 percent above the market consensus. Operational profit came in at PLN 446 million, down by 35.9 percent while EBITDA stood at PLN 631.3 million, versus PLN 912.3 million a year earlier. JSW’s revenue stood at PLN…

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