PKN Orlen Q4 results likely to show rebound

PKN Orlen is expected on Monday to show its earnings more than doubled in Q4 of 2002 as improving market conditions offset one-off costs. Analysts estim ate its net profits rose 150% to zl. 114 million as compared to the same pe riod in 2001. Orlen's results in previous quarters were hit by narrow refin ing margins and the economic slowdown. Its fourth-quarter operating profit is expected on average to come in at around zl. 182 million more than quadr uple an exceptionally weak year-earlier result on sales of around zl. 4.7 b illion. (Parkiet, p. 4; Reuters) J.K.