Results for Q1 2020
Higher payable copper production by the KGHM Polska Miedź S.A. Group (+1%, 174 thousand tonnes), higher silver production (+3%, 335 tonnes) and 25% higher profit by the KGHM Group in the first quarter of 2020 compared to Q1 2019
The consolidated net profit of KGHM of PLN 690 million is one of the highest in recent quarters. The KGHM Group recorded lower revenues (-3%, PLN 5 299 million) and EBITDA (-22%, PLN 1 129 million) with a higher profit for the period (+25%, PLN 690 million).