WSE profit up in Q2

The Warsaw Stock Exchange recorded a consolidated net profit of PLN 20.3 million in the second quarter of 2014 compared to PLN 16.9 million a year earlier, the bourse said in a statement on Thursday. Analysts polled by the Polish Press Agency had expected the profit to be PLN 21 million. The WSE’s operating profit amounted to PLN 24.3 million in Q2 2014 and dropped by about 9 percent year-on-year. Revenue amounted to PLN 69.3 million compared to PLN 64.6 million in Q2 2013. Revenue from the financial market stood at PLN 48.2 compared to PLN 56 million a year earlier. Revenue from the commodities market dropped from PLN 30.1 million in Q2 2013 to PLN 20.3 million in the second quarter of this year.