KGHM posts 75% drop in profits in H1 y/y

Poland’s copper and silver mining giant KGHM recorded a 75 percent fall in consolidated net profits in H1 2016, reaching PLN 296 million, in comparison with a PLN 1.19 billion one year earlier, the company said in a statement. The Group’s revenues reached PLN 8.46 billion, while the figure stood at PLN 10 billion in H1 2015….

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