Tauron with PLN 194 mln Q4 net profit

WSE-listed power utility Tauron had a PLN 194 million net profit in Q4, according to the company’s preliminary results. EBITDA reached PLN 667 million, while the firm’s revenue amounted to PLN 4.54 billion. For the full 2017, Tauron had PLN 1.38 billion net profit, PLN 3.54 billion EBITDA, and PLN 17.41 billion in revenues. Tauron estimates Q4 coal production of 1.8 million metric tons with coal sales at a similar level, electric energy produced of 4.4 TWh, heat produced of 4.3 PJ, distributed electric energy of 13.1 TWh, including 12.6 TWh to end-users, and retail sales of electric power of 9.4 TWh.