Pekabex profits way up

One of Poland’s leading manufacturers of prestressed and precast concrete, Pekabex, announced its Q3 profits on Friday, and it had good news for its shareholders. It’s net profit in the third quarter was PLN 4.3 million, and its consolidated operating revenue totalled PLN 138.6 million. Both figures were significantly higher than Q3 for 2015, which amounted to PLN 3.9 million and PLN 84.4 million respectively, the company’s press release indicated on Friday. Pekabex sells its building products primarily in Poland, but also exports to Scandinavian countries and to Germany. The company’s Q3 industrial orders were up by 31.4 percent, y/y. It has been listed on the WSE since July of 2015.