KGHM posts record share value before revealing impressive predictions

After the session, the company announced its corrected financial projections for this year. The concern plans to generate revenues of zł.7.2 billion, which is 22% more than it had projected, and a net profit of zł.1.92 billion, 103% higher than the earlier prognosis. KGHM has already exceeded its original net profit projection by 8% during the first half of the year, it reported figures of zł.1.02 billion. The whole year is likely to be a record one for the company. During the concern's meeting with investors today KGHM will also present its development program and, most probably, its plans concerning its share in the Telefonia Dialog telecom (100% shares) and in Polkomtel (19.6% stake). (Parkiet, p. 2) A.F.