Cyfrowy Polsat net profits grow nearly 80%, sales revenue triples

Poland's largest media group, Cyfrowy Polsat, recorded a 74 percent increase in its first-quarter net profits, which totaled PLN 170.8 million, thanks to its last-year acquisition of mobile operator Polkomtel, the firm informed on Thursday. The results in the corresponding period of last year amounted to PLN 98.2 million. Consolidated sales revenue more than tripled, reaching PLN 2.33 billion, compared with PLN 723.3 million a year ago.