KGHM net loss at PLN 5 bln

Poland’s copper and silver mining giant KGHM recorded a consolidated net loss of PLN 5.01 billion in 2015, compared with a net profit of PLN 2.45 billion one year earlier, the company said on Thursday. The group’s operating loss came in at PLN 4.82 billion for 2015 compared to a net profit of PLN 3.42 billion in 2014. KGHM’s revenue in 2015 stood at PLN 20 billion, versus PLN 20.49 billion in 2014.