Famur net profits decline by 50% in 2015

Mining machinery producer Famur reported consolidated net profits of PLN 51.96 million, assigned to shareholders of the parent company in 2015, compared to PLN 100.25 million in the previous year. The company’s operating profits amounted to PLN 43.09 million, versus PLN 121.94 million in 2014. Sales revenue stood at PLN 800.98 million, compared to PLN 708.77 million in the previous year. Famur is a company specializing in the manufacture of underground mining equipment and machinery.