Banner profits at KGHM draw interest from employees

The company's net profit for Q3 2006 amounted to zl.993 million, as compared to zl.700 million in the same period in 2005. KGHM's total profit since the beginning of the year is zl.2.94 billion. The good result stems from profits generated by the telecommunications operators in which KGHM has shares, namely Polkomtel and Dialog, which posted net profits of zl.330 million and zl.39.4 million in Q3 2006, respectively. KGHM employees want to benefit from the company's high profits and hope to receive a second bonus because of this year's good result. "Those record profits are also the result of the hard work of miners, who deserve a reward," stated Piotr Trempala from the miners' trade union. The results published by the copper concern yesterday halted the slide of KGHM's share price on the Warsaw bourse. The price of shares increased by 1.1%. (Puls Biznesu, pp. 1, 7) E.B.