Lotos net loss higher than expected

Grupa Lotos recorded a PLN 249.19 million net loss in the third quarter of 2015, compared with a net loss of PLN 35.04 million over the same period in 2014, the company informed. The operational loss stood at PLN 93.56 million, versus PLN 79.55 million a year before. Consolidated sale revenues amounted to PLN 5.71 billion, versus PLN 7.54 billion in Q3 2014. Analysts surveyed by the ISBNews agency expected that the loss would stand at around PLN 222 million.