Polish non-financial firms' net result up by 7.5 pct y/y in 2019

Polish non-financial enterprises increased their net financial results by 7.5 percent year on year to PLN 121.2 billion (EUR 26.9 billion) in 2019, the Central Statistical Office (GUS) said on Monday.

A net profit was reported by 81.8 percent of all enterprises, compared to 80.6 percent a year earlier, and totalled PLN 143.6 billion (EUR 31.9 billion), up by 4.2 percent against the 2018 result.

The net loss reached PLN 22.4 billion (EUR 4.9 billion) and decreased by 10.7 percent year on year.

Outlays of the non-financial enterprises reached PLN 159.6 billion (EUR 35.5 billion) in 2019, up by 11.4 percent from 2018.

The presented data concern 17,739 non-financial enterprises employing 50 and more people.