Orzeł Biały sums up H1 2009

Orzeł Biały S.A. ended the first half of 2009 with sales revenue at PLN 83.4 million. The Company recorded in this period a net loss of PLN 1.4 million. In the first half of the year, the impairment losses on assets in the total amount of PLN 6.3 million has the decisive impact on the operating result, in connection with the initiated proceedings before the Court of Competition and Consumer Protection. Disregarding such one-off events, the operating profit of the Group would have been positive and amounted to PLN 4.2 million, says Zbigniew Rybakiewicz, President of the Management Board of Orzeł Biały S.A.

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