Polish Post in the black this year

State-owned operator Polish Post will remain in the black this year, the company’s CEO Jerzy Jóźkowiak was quoted as saying by ISBnews. The net result will however not grow in year-on-year terms. He said he earlier expected a higher net profit before Polish Post lost in a tender procedure for services to courts and prosecutors’ offices, which was worth PLN 290 million. In 2013, Polish Post had a net profit of PLN 44 million, 60 percent lower than in 2012, and a sales revenue of PLN 6.5 billion, 3.4 percent lower than a year earlier.