Rafako sees revenues reduced but still records 12% rise in Q1 profits

"The first quarter is usually weaker, but we have kept up to schedule and we plan to improve financial results. Substantial improvement should be seen next year after the partial completion of large investments," said Rafako's president, Ryszard Kapluk. The firm, among others things, is to construct a boiler unit for the Bełchatów 2 power plant, as well as carry out a number of smaller deals later this year totalling zł.60 million. (Parkiet, p. 5) M.M.