Locked content JSW with PLN 754 mln profit in Q1

Coal producer JSW reported PLN 753.9 million net profit in Q1 2018, compared to PLN 864.9 million in the corresponding period of last year. Operational profit came in at PLN 951.9 million, while EBITDA at PLN 1.136 billion, versus PLN 1.24 billion a year earlier. JSW’s revenue stood at PLN 2.51 bill...

Locked content Two miners dead, three still missing in JSW’s Zofiówka mine

Two miners dead, three still missing in JSW’s Zofiówka mine Search and rescue continues for the three missing miners in the Zofiówka mine belonging to JSW. An aftershock on Sunday afternoon slowed the progress of rescuers, but they continue to move towards the three miners’ last know location. On Sa...

Locked content JSW with PLN 4.5 bln coal delivery deal with ArcelorMittal

WSE-listed coal miner JSW signed a PLN 4.5 billion three-year coal sales deal with ArcelorMittal. The deal is valid through 2020 with a possibility to extend the deal one year at the time until end-2027. “The contract will be subject to extension for another year after agreeing the qualitative and q...

Locked content JSW 2017 results soar

WSE-listed coal miner JSW had PLN 747.8 million Q4 net profit, up by 153.7 percent y/y, while revenues reached PLN 2.19 billion, a 1.2 percent increase. EBITDA was up by 58.9 percent at PLN 1.11 billion. For the whole year, JSW had PLN 2.53 billion net profit, an impressive 37,794 percent y/y growth...

Locked content JSW to take PLN 759 mln hit on mine impairments

WSE-listed coal miner JSW will take a PLN 759.1 million hit to its 2017 financial results from impairments on its mines Budryk-Szczgłowice and Budryk, the company said in a market filing. Furthermore, the company’s coke subsidiary JSW Koks will take a PLN 113.4 million write-off, but it will only af...

Locked content JSW on talks with Prairie Mining – ‘very initial’

State-run, WSE-listed coal miner JSW commented on the recent talks with another listed peer Prairie Mining calling them “very initial, a sounding out,” CFO Robert Ostrowski said. “This is not a stage of concrete talks with confirming of the will on both parts, it is more about sounding out intents,”...