PKP Cargo recorded loss in Q2

PKP Cargo recorded a net loss of PLN 128.5 million in Q2 2016, compared with a net profit of PLN 140.4 million in Q2 2015, the company said in a report. The company's operating loss amounted to PLN 132.3 million, versus an operating profit of PLN 148.4 million in the same period last year. Sales revenues totaled PLN 1.09 billion in Q2 2016 and were lower than last year's PLN 1.17 billion. PKP Cargo is part of the PKP Group, the largest railway freight carrier in Poland and the second biggest in the EU.