JWS’s profit up 55% in Q1 2012

20 August 2012

JWS went public with its financial report for the first quarter of the year, displaying healthy increases for the period. The state-owned coal giant witnessed its consolidated profits rise as much as 55 percent over the first three months of the year, from PLN 502m posted in the same period of 2011, to the PLN 778m reported this month. The operating profit of the JWS group also climbed over the period, reaching PLN 1.027bn in the first three months of 2012, up from the PLN 840m seen in 2011. Operating revenues also increased in Q1 2012, topping PLN 4.635bn.

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