Polish non-financial firms earnings up 7.9% y/y – GUS

Polish non-financial enterprises earned net PLN 95.9 billion at end-Q3, up 7.9 percent y/y, while investment outlays dropped by 1 percent to PLN 80.2 billion, data from Poland’s Central Statistical Office (GUS) showed.

Revenues from total activity increased by 9.4 percent y/y to PLN 1.9 trillion, while the cost of obtaining revenues grew at the same pace and reached PLN 1.8 trillion. As a result, the cost level indicator remained unchanged at 94.6 percent.

Data refer to enterprises keeping double entry accounts with 50 and more employed persons.

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