In Brief: Bytom looking smart; Power firm earnings surge; Wilbo's fishy results

Suit maker Zakłady Odzieżowe Bytom recorded second quarter earnings of zł. 25,000 on one-time gains after it reversed provisions on returns from customers. Sales margins remained negative, but the company narrowed its loss from zł. 1.2 million to 0.4 million. Sales were up by 32% to zł. 8.2 million, compared to the same period last year. Bytom has entered the German market with one shop and a sales department in Berlin and hopes to start trading on WSE soon. (Parkiet, p.4; Puls Biznesu, p.9) J.J. ... Remak power plant contractor could report its highest ever six-month earnings thanks to a EUR 1.2 million bonus for the completion of an upgrades program at Estonia's Estii power plant. Its first quarter net profits may go as high as zł. 2.5 million, which is far more than the zł. 1.5 million earned last year. (Parkiet, p.5) J.J. ... Shares of fish processing company Wilbo plunged 10% to zł. 2.7 per share after an unexpected second quarter loss of zł. 2.7 million. The company reported net earnings of zł. 60 thousand in the second quarter of 2003. Quarterly sales were up 13.2% to zł. 48.7 million. Wilbo's gross margins fell because of higher energy prices and the cost of frozen fish. (Parkiet, p.4) J.J.