Polish aluminium products maker Kety ups 2014 profit goal

Reuters reported that Poland's leading aluminium products maker Kety raised its full year net profit forecast by 34% to PLN 170 million reflecting a rebounding Polish economy.

Kety said that due to the high progress in executing the forecast after 6 months of 2014 and stable outlook for the H2 of the year the board of Grupa Kety decided to increase the forecast.

The company is benefiting from Poland's accelerated economic growth, which reached 3.4% in the Q1 and is expected to stay at 3.3% in the second.

Kety said that its net profit in the April June period rose by 40% to almost PLN 55 million while for the H1 of the year it rose to PLN 81 million.

Copyright and Exemption Declaration :¢ÙAll articles, pictures and videos that are marked with "China Aluminum Network" on this website are copyright and belong to China Aluminium Network (www.alu.com.cn). When transshipment, any media, website or individual must list the source from "China Aluminium Network (www.alu.com.cn)". We seek legal actions against anyone that disobey this. ¢ÚArticles that marked as copy from others are for transferring more information to readers, do not represent or endorse their opinions or accuracy and reliability. When other media, website or individuals copy from our website, must keep the source. Anyone that changes the articles' sources will hold the responsibilities for copyright and law problems. We also seek legal actions against anyone that disobey this. ¢ÛIf any articles copied by our website concern the copyright and other problems, please contact us within one week.