PGNiG records a PLN 1.39 bln net profit in Q1

Polskie Górnictwo Naftowe i Gazownictwo (PGNiG) reported a consolidated net profit of PLN 1.39 billion in Q1 2016, compared to PLN 1.24 billion in Q1 2015, the company announced in a report. The company's operating profit stood at PLN 1.72 billion, versus PLN 1.66 billion one year before. Consolidated revenues came in at PLN 10.98 billion, while in Q1 2015 they amounted to PLN 12.5 billion. PGNiG has been listed on the WSE since 2005.