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Article: Polish gas distributor CP Energia posts Q4 net profit, full-year 2008 in the red.(Financial report)
- Article from:
- Poland Business News
- Article date:
- February 24, 2009
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Polish gas distributor CP Energia posts Q4 net profit, full-year 2008 in the red
WARSAW. FEBRUARY 24. INTERFAX CENTRAL EUROPE - Polish gas distributor CP Energia posted PLN 725,100 in net profit in the fourth quarter of 2008 compared to the PLN 457,800 net loss in the corresponding period of 2007, the company reported on Tuesday.
This was the second-ever quarterly net profit for the company after Q3 2008, when the company posted PLN 58,055 in net profits.
The company's sales revenues rose more than 87.5% year on year (y/y) to PLN 13.16 mln in the fourth quarter of 2008 from PLN 7.02 mln in the corresponding period of 2007.
CP Energia's ...