WSE Group presents solid results for Q1 2022

Despite the extraordinary market situation caused by the Russian aggression against Ukraine, the Warsaw Stock Exchange Group (WSE CG) managed to deliver solid results in the first quarter of 2022. The revenues of the WSE Group amounted to PLN 110.2 million in the first quarter of 2022 (minus 1.2 percent y/y). 

"The first quarter of 2022, due to the outbreak of war in Ukraine, was characterized by increased volatility of asset prices on global capital markets, including the Warsaw Stock Exchange. The volatility caused by this very negative event resulted in increased volumes and value of trading on the financial markets operated by the WSE. The WSE Group generated very good financial results in the first quarter of 2022, with a net profit of PLN 38.1 million, comparable to Q1 last year," Piotr Borowski, Member of the WSE Management Board, said.

The biggest part of the WSE Group's revenue in the first quarter of 2012 was revenue from trading on the financial market, which amounted to PLN 53.7 million. Revenues from the sale of information on the financial market increased to PLN 13.7 million, while revenues from services to issuers amounted to PLN 6.3 million. Revenues from commodity market sales amounted to PLN 35.9 million. 

(WBJ)