Polwax S.A. announced preliminary earnings results for the first quarter of 2020. In first quarter of 2020, Polwax noted a net loss of PLN 1.1 million. Its net sales revenue amounted to PLN 36.4 million and was 9.8% lower than in first quarter Of 2019.

Sales revenues in April were estimated at PLN 8.2 million meaning they decreased 43.5% month on month and 28.7% year on year.