Net profit across companies drops 3.8% y/y in Q3 - GUS

In the third quarter, the net financial result of enterprises amounted to PLN 185.0 billion, a 3.8% decrease year-on-year, according to GUS. Total revenues increased by 7.1%, and the costs of obtaining them rose by 7.8%. The cost level indicator worsened from 93.7% the previous year to 94.3%. Net revenues from the sale of products, goods, and materials increased by 7.1%, while the costs of this activity increased by 8.0%.