Locked content PKP Cargo with PLN 90 mln H1 net profit

WSE-listed rail freight operator PKP Cargo had PLN 89.6 million net profit in H1 according to preliminary results. This is a 361.9 percent y/y growth. Estimated revenues of the group amounted to PLN 2.51 billion compared with PLN 2.27 billion last year. Operating profit grew by 194.9 percent y/y to ...

Locked content PKP Cargo makes write-down of PLN 18.1 million

WSE-listed, state-owned logistics operator PKP Cargo board decided to make a write-down of PLN 18.1 million. The write-down will affect consolidated net result by PLN 14.6 million, the company said. However, it will not impact the liquidity, PKP Cargo added. The final results will be presented in H1...

Locked content PKP Cargo to deliver 1.9 mln tons of coal to PGNiG Termika

State-owned logistics operator PKP Cargo signed two contracts to deliver in total 1.9 million tons of coal to three plants of PGNiG Termika. The coal will be supplied from January 1 until December 31, 2019. “PGNiG Termika is a regular client of PKP Cargo and the contract concluded for 2019 is ...

Locked content PKP Cargo’s transport volume at 9.2 mln tonnes in May

Railway company PKP Cargo transported over 9.2 million metric tonnes of goods in May, a 2.2 percent increase m/m, the firm stated. Including global cargo transport, PKP Cargo carried nearly 45 million tonnes of goods over the first five months of 2018, 5.8 percent more than in the corresponding peri...

Locked content PKP Cargo mulls takeover

WSE-listed, state-owned logistics operator PKP Cargo along with the Industry Development Agency ARP are negotiating a potential takeover of insolvent train cars factory Gniewczyna from its Slovak owners,  Both interested parties have ordered an audit and expect the final decision to be made February...

Locked content PKP Cargo with PLN 32.4 mln Q3 profit

WSE-listed railway freight carrier PKP Cargo recorded a net profit of PLN 32.38 million in Q3, compared with a net loss of PLN 5.99 million last year, the company said in its report. The company’s operating profit amounted to PLN 57.05 million, versus PLN 7.88 million in the same period last y...

Locked content PKP Cargo’s market share above 50%

PKP Cargo’s market share in September in the cargo freight market reached 50.77 percent of the entire transport volume (calculated as the product of distance covered and cargo load) and 44.46 percent of the cargo load alone, the company stated, citing GUS data. In September, PKP Cargo transported 3....

Locked content PKP Cargo with PLN 20.8 mln Q2 net profit

WSE-listed railway freight carrier PKP Cargo recorded a net profit of PLN 20.8 million in, compared with a net loss of PLN 128.5 million last year, the company said in its report. The company’s operating profit amounted to PLN 42.2 million, versus an operating loss of PLN 132.3 million in the ...