In Brief: ING Bank Śląski; KGHM; Dialog

ING Bank Śląski's Q3 net profit of zł. 21.5 million was 50% below what it posted in the third quarter of 2002. In addition, analysts are increasingly worried about the bank's share of irregular credits, which now account for one third of its portfolio. The bank's revenues plunged to zł. 385.3 million compared with zł. 572 million for the same period of 2002. ING has been severely affected by the recent whirl on the currency markets coupled with a decrease in the profitability of bonds. (Gazeta Wyborcza, Nov. 15-16; p. 29) ... In the third quarter of 2003, the consolidated net profit of KGHM Polska Miedź has dropped to zł. 69.9 million from zł. 74.4 million in an analogous period of 2002. (Parkiet, p. 5) ... After three quarters of 2003, the net loss of telecom company Dialog owned by KGHM Polska Miedź, was down to zł. 110.1 million from zł. 201.5 million a the end of the third quarter of 2002. Sales revenues amounted to zł. 287.5 million and the firm's operational profit currently stands at zł. 31.7 million. (Parkiet, p. 5) A.Z.