Czech Unipetrol posts 45 pct rise in H1 net profit

13.08.2007 | , Reuters
Zpravodajství ČTK


perex-img Zdroj: Finance.cz

Czech oil group Unipetrol posted a 45 percent increase in first-half net profit, fuelled by favourable conditions in both the petrochemical...

...and refining markets.

The Czech unit of Polish refiner PKN Orlen said net profit before minorities rose to 3.07 billion crowns ($149.6 million) in January-June from 2.11 billion crowns in the same period a year ago.

Six analysts in a Reuters poll gave an average estimate for second-quarter net profit of 1.5 billion crowns against 1.26 billion in the second quarter last year. In the first quarter of this year, the company made net profit of 1.56 billion crowns.

For story on PKN Orlen's results, click on [ID:nL12462052]

[PRAGUE/Reuters/Finance.cz]

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