Lotos Q2 profit drops

WSE-listed fuel giant Lotos posted a PLN 157.5 million Q2 net profit, down from PLN 225.8 million a year ago. Operating profit decreased to PLN 172.9 million from PLN 550.6 million a year earlier. EBITDA dropped to PLN 383.6 million from PLN 810.3 million a year ago. Group revenues increased to PLN 5.45 billion from PLN 4.97 billion a year earlier, against market expectations of PLN 5.29 billion.