Play with PLN 57.5 mln H1 profit

WSE-listed telecom operator Play Communications recorded a consolidated net profit of PLN 57.5 million in H1 vs. PLN 176.1 million profit a year earlier. Operating profit was down to PLN 435.4 million vs. PLN 615 million the year earlier. EBITDA declined 23.7 percent y/y to PLN 844.6 million in H1. In the first six months of the year, Play increased its market share to 28 percent (+2.5 percentage points growth y/y), which amounts to 14.5 million customers, with regular subscribers at 61.7 percent. ARPU increased to PLN 32.3 in Q2 from PLN 31 in the first quarter of this year.