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28 Aug
15:39

Increased consumption helps Poland's Alchemia turn profitable

Poland’s Alchemia recorded a 19% on-year increase in consolidated revenue in the second quarter to PLN 293.7 million ($80.6m), while net profit surged over six-fold to PLN 13.81m. Improved steel market conditions enabled the firm to raise production and prices, it says. Revenue in the six months through June rose 25% on-year to PLN 586.2m and the firm turned to a net profit of PLN 26m versus a loss a year earlier of PLN 530,000. Exports to other EU countri…
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