KGHM copper eyes PLN 3.2bn net profit in 2013 - filing
February 18, 2013
KGHM copper giant expects to post PLN 3.204 billion stand-alone net profit in 2013, the firm said in a market filing.
Revenues are expected at PLN 18.93 billion.
Expected net profit decline vs. 2012 level will arise from lower USD/PLN rate, lower production volume due to 3-month maintenance stoppage at Glogow smelter in southwestern Poland and due to full-year impact of the copper & silver tax, the company said.