Lubelski Wegiel Bogdanka S.A. Reports Earnings Results for the Fourth Quarter Ended December 31, 2011 and Capital Expenditure Results for the Year Ended December 31, 2011; Provides Capital Expenditure Guidance for the Year 2012
March 20, 2012 at 01:08 pm
Lubelski Wegiel Bogdanka S.A. reported earnings results for the fourth quarter ended December 31, 2011 and capital expenditure results for the year ended December 31, 2011. For the quarter, the company reported revenues of PLN 435.6 million compared to PLN 430.2 million a year ago. Operating profit was PLN 164.0 million compared to PLN 147.9 million a year ago. Attributable net profit was PLN 133.1 million compared to PLN 123.9 million a year ago.
In 2011, capex stood at PLN 691 million, below PLN 789 million planned.
For the year 2012, the company expects capital expenditure of PLN 720 million.