Rafako Reports Significant Increase in Losses for 2023 Amidst Ongoing Market Challenges

Rafako reported a consolidated net loss of PLN 301.96 million attributed to shareholders of the parent company in 2023, compared to a loss of PLN 31.4 million the previous year, the company announced. The operating loss amounted to PLN 269.75 million compared to PLN 58.99 million the year before. Compared to the previous year's EBITDA loss of PLN 49.81 million, the EBITDA loss for the current year was PLN 262.03 million.

Consolidated sales revenue reached PLN 335.21 million in 2023, compared…