Grupa Azoty profit falls to PLN 44.4 mln in Q2

Polish chemical giant, Grupa Azoty recorded net profits of PLN 44.35 million in Q2 2016, whereas in the corresponding period last year, the results totaled PLN 126.62 million in Q2 2015. Consolidated sales revenue reached PLN 2.16 billion, compared with PLN 2.28 billion one year ago. The company's operating profit amounted to PLN 48.68 million versus PLN 171.1 million in Q2 2015. In H1 2016, Grupa Azoty generated a total net profit of PLN 258.19 million (versus PLN 236.38 million in H1 2015).