PGNiG slips on upstream impairments

Polish national gas company PGNiG reported a 4% drop in first-half net income to 340 million zloty ($108 million) despite higher revenues and a jump in oil production as impairments cut the company’s bottom line.

Impairing incomes: Polish gas company writes down upstream assets
Impairing incomes: Polish gas company writes down upstream assets
Published 14 August 2014, 09:40Updated 11 October 2016, 15:52
Europe