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21 May
10:30

Poland's JSW betters pre-pandemic earnings in first quarter

Jastrzebska Spolka Weglowa (JSW) says demand recovered in the first quarter from last year’s Covid-19 pandemic shock, thereby improving its performance. “The JSW Group is slowly recouping losses after a difficult 2020,” the Polish coal miner’s chief executive, Barbara Piontek, says in a note seen by Kallanish. Coking coal revenue inched down 0.2% on-year in Q1 to PLN 732.9 million ($199.6m). Average coking coal sales price was down 15% to …
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