PGE net profits at more than PLN 1 bln in Q1
11:20
Poland's largest power utility PGE reported a net profit decrease to PLN 1.09 billion in Q1 2015, compared with PLN 790 million in Q1 2014, the company announced.
The company's operating profit amounted to PLN 1.41 billion, versus PLN million in the previous year.
PGE's consolidated revenue in Q1 stood at PLN 7.55 billion, while in Q1 of the previous year it amounted to PLN 6.92 billion.
The company's market share in electricity production amounted to 40 percent, while its market share in energy distribution stands at 26 percent.
