Kompania Węglowa net loss at nearly PLN 750 mln
13:58
Ailing miner Kompania Węglowa recorded a PLN 746.7 million net loss in H1 2015, said Deputy Treasury Minister and government plenipotentiary for mining, Wojciech Kowalczyk.
The company's EBITDA reached PLN 240.4 mln, PLN 21 million more than expected.
Coal extraction fell by 15.8 percent compared with H1 2014, mainly due to the sale of the Knurów-Szczygłowice mine.
Coal sales totaled 14.8 million tonnes, and extraction was 8.2 percent higher than the volume sold.
