PKN Orlen slumps to Q2 loss
Poland’s PKN Orlen slumped to a surprise quarterly loss of 5.2 billion zloty ($1.7 billion) in the second quarter after booking 5 billion zloty in impairments, and moved to cut its mid-term targets on a worsening outlook.
Poland’s PKN Orlen slumped to a surprise quarterly loss of 5.2 billion zloty ($1.7 billion) in the second quarter after booking 5 billion zloty in impairments, and moved to cut its mid-term targets on a worsening outlook.