PKP surpassing estimates in 2012

27 June 2012

Polish State Railways managed to beat the estimates in the first months of 2012. Over the first five months of the year, Poland’s biggest railway operator posted a profit of PLN 13.4m, according to the chairman of the company Janusz Malinowski. Income came in at PLN 878.4m while costs reached PLN 865m. The result are considered healthy, especially compared to the PLN 128.3m loss recorded over the same period in 2010. “The profit surpassed the estimates by nearly PLN 30m,” said Malinowski during a press conference, in which she said the company was paying its contractor systematically, insisting that the result was not achieved through cost cuts.

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