The Polish Railways operator PKP Cargo’s net income for 2012 reportedly exceeded PLN 340m, while sales income hit PLN 370m. The company has not confirmed how much was made last year, but PKP representatives have stated that the carrier performed well.
“The report waits to be approved, but what I can say today, is that it has shown stronger results, compared with the local methodology,” said Wojciech Balczun, head of PKP Cargo.
As it prepares to debut on the Warsaw Stock Exchange, the company said it plans to implement new international accounting standards. At the end of December, the operator predicted its income would go up to PLN 4.6bn in 2012?, with PLN 295.9m in net profits.
