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Beta or worse?

The company's profit of zł.2.5 million was 85 percent of its 2004/05 result. This marks a 26- and 91-percent increase in revenues and net profit, respectively.

This growth has the company's president, Mirosław Załęski, in optimistic mood. "I expect the revenue to be about 50 percent higher year to year," he said, projecting revenues at around zł.120 million.

However, this could be hard to achieve as the company's year-to-year Q3 results do not look as impressive. Revenues of zł.32 million signal a 22-percent decrease in relation to the corresponding period last year and the profit of zł.2.1 million is 40 percent less. "We want to limit the seasonal factor in our financial results by getting long-term contracts," Załęski says.

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