In Brief: TPSA has good Q3; Idea; DZ Bank Polska
TPSA has recorded a Q3 net profit of zł. 504 million, a result much better than anticipated by most analysts. At the end of the nine months of the year, the operator had a profit of zł. 949 million on revenues of zł. 13.63 billion. The reason for good results were low reserves as compared to the previous year, and weak effects of the falling value of the złoty. (Puls Biznesu, p. 12) ... Idea mobile network operator Centertel, controlled by TPSA also had a good third quarter, which means its has now made a profit of zł. 31 million over the nine months of the year, as compared to a zł. 399 million loss in the previous year. (Puls Biznesu, p. 12) ... The directors of DZ Bank Polska, formerly known as Amerbank, have withdrawn from their previous plans to go through with an acquisition of a financial sector company. New plans envisage concentrating on developing retail banking services and to reach a ROI rate of 15% within three years. (Puls Biznesu, p. 14) A.K.