Warsaw bourse nets PLN 113.5m in 2013
February 24, 2014
The Warsaw Stock Exchange operator GPW posted a PLN 113.5 million net profit after four quarters of 2013, up from PLN 105.8 million a year ago, PAP Polish news agency reported on Friday.
Operating profit stood at PLN 118.6 million while revenues reached PLN 283.8 million.
WSE's fourth quarter profit stood at PLN 28.5 million slightly above expectations for PLN 24.1 mln gain and up by 35% year on year, PAP calculations against the group annual report and 9M figures showed.
The Q4 net profit was boosted by the settlement of a technological tax break related to the UTP platform license, GPW said in comments to results.
Total revenues met the consensus at PLN 70.8 million in Q4, with PLN 51.5 million generated on the financial market and PLN 18.8 million on the commodity market.