In Brief: PKN Orlen profits; Credit Agricole stock call; Hydrotor

Regardless of the management turmoil, PKN Orlen ended the first half of the year with a zł.668 million profit, 317% more than in the same period of 2003. Sławomir Golonka, its deputy president, confirmed Orlen is willing to buy 30% of Grupa Lotos shares. (Parkiet, p. 5) ... French banking group Credit Agricole (CA) which currently owns 99.79% of the European Leasing Fund (EFL) issued a stock call on Friday to buy the rest of EFL's shares. It is offering zł.56 for a single share, 12% more than its WSE price. (Parkiet, p. 3) ... Hydrotor, a domestic plumbing system producer, increased its Q2 sales income by 32% to zł.15.3 million compared to Q2 of 2003. Its Q2 net income tripled since Q2 2003 and was almost zł.1.3 million. (Parkiet, p. 4) D.W.