Poland’s KGHM expects to match or exceed 2017 profit this year

May 9, 2018

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One of the world’s biggest copper miners, KGHM Polska Miedz SA, expects this year’s consolidated net profit to match or exceed last year’s result despite lower capacity, acting CEO Rafal Pawelczak said on Tuesday.

Last year group’s net profit amounted to 1.57-billion zloty, but this year the company had to close one of its production outlets – copper smelter Glogow II – for three months for renovation.

Category: General