Finance Stock Exchange
19:05 15 July 2020
Post by: WBJ

Debt of firms listed on WSE fell in July by almost a third

Debt of firms listed on WSE fell in July by almost a third
Representative image. Source: pexels.com

The debt of companies listed on the Warsaw Stock Exchange fell by almost a third compared to July 2019, show KRD Economic Information Bureau data.

Still, every seventh of them has a problem with regulating their payments.

Almost half of them are construction companies. As indicated in the study conducted by KRD and Reliable Company, 10 percent of all companies are valued at over PLN 1 billion.

Indebted listed companies have a total of 6,025 liabilities to 201 creditors. Particularly noteworthy is the number of the former, which compared to last year’s survey increased almost six times. The vast majority of them, as many as 85 percent, are commitments of the trade industry, KRD emphasized.

(ISBnews)

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