PKP Cargo incurs net loss of PLN 224.3 mln in 2020

PKP Cargo announced on Wednesday in its annual report that in 2020 it had a net loss of PLN 224.3 million, compared to PLN 36 million of net profit a year earlier. The report indicated that the results were in line with previous estimates.

The company announced that EBITDA fell to PLN 580.2 million from PLN 859.9 million a year earlier. The operating loss amounted to PLN 186.4 million, while in 2019 the operating profit amounted to PLN 143.4 million.