KNF: brokerages' net profit up in H1 y/y

Polish Financial Supervision Authority (KNF) reported that net profits of brokerages amounted to PLN 274.2 million in the first half of 2015, whereas it stood at PLN 232.8 million in the corresponding period last year. The gross profit of brokerages totaled PLN 310.2 million this year, whereas last year it amounted to PLN 266.1 million. Operational revenue stood at PLN 476.5 million, as opposed to PLN 540 million last year. The operational costs recorded by the brokerages reached PLN 501.2 million, whereas it stood at PLN 553.4 million last year.