ZCh Police reviews its 2015 results
10:34
ZCh Police (Grupa Azoty Zakłady Chemiczne) has reviewed its financial statement for 2015, saying that it overestimated the value of assests of its subsidiary African Investment Group. After correction, the company declared that it recorded a consolidated net loss of PLN 71.7 million in 2015 and not a consolidated net profit of PLN 164.8 million as was announced in March.
ZCh Police is one of the largest Polish employers in the West Pomeranian region. The company ranks second in the EU in terms of production of nitrogen and compound fertilizers.