PCC Rokita Q2 profit grows

WSE-listed chemical firm PCC Rokita recorded a consolidated net profit of PLN 41.51 million in Q2, up from PLN 35.61 million last year. Revenues amounted to PLN 325.33 million compared to PLN 267.45 million a year earlier. “We have achieved a significant increase in our results [in the first half of 2017], with an EBITDA of PLN 119.2 million and an 11.9 percent increase over the corresponding period of the previous year. Net profit was higher by 15.2 percent, reaching PLN 75.2 million [for H1]. Gross margin on sales remained high at 27.5 percent,” the company said in its financial report.