PKP Intercity 2017 net profit soars

State-owned passenger railway carrier PKP Intercity had a PLN 270 million net profit last year, compared to PLN 47 million profit in 2016. The company had 42.8 million passengers in 2017, up by 11 percent y/y and above its own forecasts for 39.2 million passengers. “In 2017, we’ve had the increase in passenger numbers among…

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