PMR Online access    |   tel. +48 12 340 51 00    |   E-mail:


Net financial result of enterprises up by 34.3% y-o-y in H1


In the first half of 2011 the net financial result of non-financial enterprises employing 50 or more people amounted to nearly PLN 56.2bn (approx. €14.2bn), which represented an increase of 34.3% compared with the same period of the previous year, according to research carried out by the Central Statistical Office (GUS).

During the analysed period, revenues of enterprises from all operations amounted to almost PLN 1.073bn (€271.3bn), i.e. 12.1% higher than in the corresponding period of 2010. As costs rose at a slower rate (by 11% y-o-y), the sector’s net profit margin increased to 5.2% from 4.4%. There was also an improvement in corporate liquidity: the first-degree liquidity ratio amounted to 37.7%, up from 37.5% a year earlier.

In H1 2011 about 68.8% of all non-financial enterprises posted a net profit, up from 67.8% a year earlier. In manufacturing the share of profitable firms rose more significantly – from 70.1% to 72.8%.

The percentage of exporting firms in the overall population of companies fell slightly, to 45.9% from 46.5%, in H1 2010. The share of profitable exporters was 73.6%, up from 71.2% a year earlier.

The survey covered 16,986 businesses employing 50 or more people, drawn from all sectors with the exception of agriculture, hunting, forestry, fishing, financial intermediation and higher education.

Browse and search in our archive »

subscribe to PMR RSS NEWS channelsSubscribe to PMR RSS NEWS channels »

Free monthly e-letter containing latest news, analyses and business information on economic situation in Poland, Russia, Bulgaria, Czech Republic, Hungary, Romania, Slovakia, Ukraine, Kazakhstan.
Relevant news

Useful links         Privacy Policy
Copyright © 2018 PMR. All rights reserved.

PMR is a British-American company providing market information, advice and services to international businesses interested in Central and Eastern Europe as well as other emerging markets. PMR key areas of operation include business publications (through PMR Publications), consultancy (through PMR Consulting) and market research (through PMR Research). With over fourteen years of experience, high international standards in projects and publications, highly skilled multilingual staff and a wide network of co-operating research companies and market experts, PMR is one of the largest companies of its type in the region.