PGE net profit down to PLN 439 million in Q4
10:12
Poland's largest power utility PGE reported net profit decrease to PLN 439 million in Q4 2014, compared with PLN 643 million in Q4 2013, the company announced.
The company's operating profit amounted to PLN 633 million, versus PLN 741 million in the previous year.
PGE's consolidated revenue in Q4 stood at PLN 7.28 billion, while in Q4 of the previous year it amounted to PLN 7.56 billion.
The company also informed that investment expenditures were record high and amounted to PLN 6.3 billion, an increase of 43 percent year-on-year.
