Bumper trading day as KGHM posts five-percent gains
The company's standing increased yesterday by 5% due to growing copper prices, and the WIG Index grew by 1.1%. Both analysts and KGHM's investors believe that the company's financial results for Q2 2005 will be record high, and that in 2005 the firm will record a net profit of as much as zł.2 billion. KGHM's management board said it would verify its current projections for this year (zł.943 million net profit) at the end of August. According to analysts from BDM PKO BP brokerage house, the Lubin-based concern's net results for the past three months will be over zł.650 million. (Puls Biznesu, pp. 1,10, Parkiet, p. 3) A.F.