PKN Orlen's Q2 net profit up 16% despite falling petchem profitability

摘要

LONDON (ICIS)--PKN Orlen's second-quarter net profit gained 16% year on year to zloty (Zl) 1.79bn with the devaluation of the Polish currency helping to counter negative outcomes such as decling petrochemical margins, the Poland-based group said on Thursday. Revenues declined 22% to Zl 19.36bn, while operating profit fell 4% to Zl 2.50bn, it added.