Tauron with net loss of PLN 320 mln in Q2
01:26
Listed power group Tauron posted an attributable net loss of PLN 320 million in Q2 2016, in line with prior estimates released after identifying asset impairments in the generation segment.
Consolidated revenues totaled PLN 4.3 billion, which means a 3.8 percent decline year-on-year.
Underlying earnings at the EBITDA level were down in all key segments, save a fractional easing of Q2 losses in the struggling coal mining segment.
