Despite the introduction of a new tax on copper mining, KGHM is expected to show the highest net profit of any company listed on the Warsaw Stock Exchange this year. Nevertheless, its bottom line is predicted by analysts to be some 60 percent lower than in 2011.

Parkiet has published the most recent analysts’ estimates regarding full-year results of companies listed on the WSE’s blue-chip WIG20 index. Their combined profits are expected to reach approximately zł.19 billion, down 50 percent year-on-year.

When asked about industries which are expected to have done the best by the end of the year, experts generally pointed to oil and banking. On the other end of the scale are media companies, construction firms and real estate developers.

Poland A.M.