PKN Orlen with PLN 1.6 bln profit in Q3
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Oil giant PKN Orlen recorded net profit of PLN 1.6 billion in Q3 2017, an increase over PLN 1.5 billion recorded in Q3 2016, but below market consensus of PLN 1.96 billion. For the first three quarters of the year, net profits stood at PLN 5.539 billion and were PLN 1.842 billion higher than in the corresponding period of last year. Revenue for the first nine months of the year amounted to PLN 70.63 billion and were PLN 13.979 billion higher than a year earlier.