MCI Management: a trickle of good news

The portal, which combines a news service with an Internet trading platform, was in the black on its EBIDTA in the last quarter of 2003. The good results were due mostly to an increase in the number of viewers, which was up 182% in the year through November. This year, the company expects to make a small net profit on zł.3 million revenues. The announcement is yet another success in a string of positive reports about MCI's portfolio companies over the last few weeks. The WSE listed fund is set to announce its consolidated results today. It has already indicated that a small net profit was made last year after two years heavily in the red. MCI stock has been rising on a slow but steady basis due to the fund's recent announcements. (Puls Biznesu, p. 11; Parkiet, p. 5) A.N.