KGHM Q2 net profit shrinks to PLN 171 mln

Mining giant KGHM Polska Miedź recorded Q2 consolidated net profit of PLN 171 million compared to PLN 341 million a year ago.  The profit decline was mainly due to an increase in depreciation/ amortization, the recognition of provisions and lower result on the involvement in joint ventures, KGHM wrote. Adjusted EBITDA amounted to PLN 1.39 billion versus…

This content is for Silver 6 months, Gold 1 Year and Bronze 2 weeks members only.
Log In Buy Subscription
Pin It