Wednesday 5 March 2014
PGNiG: financial statement, IV quarter 2014
According
to the information published by Wirtualna
Polska PGNiG had 161 million zł
net loss in the fourth quarter of 2013 attributable
to shareholders of the parent company.
Meanwhile, the market consensus assumed a profit of 755
million zł.
PGNiG reported that the level of net profit in 2013 was
caused by significantly high crude
oil production from the mine Lubiatów
and the Skarv on
the Norwegian Continental Shelf.
As a result, segment revenues exploration and production in 2013 totaled 6.26 billion
zł, an increase of 45 per cent, in comparison
to previous year. EBITDA amounted to 3.38 billion zł and was about 72
percent. higher than
in 2012.
Picture retrieved from: https://www.mint.com/blog/wp-content/uploads/2011/08/Stock_Market.jpg
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