Lubelski Węgiel BOGDANKA S.A. extracted 2.24 million tonnes of commercial coal in the first quarter of 2014. This exceeds the result achieved in the same period last year by 10.2% and represents an increase of 6.2% compared to the fourth quarter of 2013.
The Lubelski Węgiel BOGDANKA Group, with its Parent – Lubelski Węgiel BOGDANKA S.A., the most modern and efficient hard coal mine in Poland and domestic leader on the market of power coal producers, generated very good financial results in 2013. The revenue amounted to PLN 1.9 billion (up by 3.49%), EBITDA amounted to PLN 754.9 million (up by 9.42%), and EBIT – PLN 424.8 (up by 9.14%). Net profit reached the figure of PLN 329.7 million (up by 6.7%).
LW BOGDANKA S.A. extracts 2.11 million tonnes of coal in the fourth quarter and 8.35 million tonnes in the entire 2013
Lubelski Węgiel Bogdanka S.A., the most advanced and effective hard coal mine in Poland and the leader in the domestic market for power coal producers, extracted 2.11 million tonnes of coal in the fourth quarter of 2013. This exceeds the result achieved in the same period last year by 23.4%, and is comparable to the result achieved in the third quarter of 2013 (2.16 million tonnes).Total extraction in 2013 amounted to 8.35 million tonnes, which gives an increase by approx. 7.3% compared to the extraction level achieved in 2012.
Lubelski Węgiel BOGDANKA S.A., the most modern and effective hard coal mine in Poland, as well as the domestic leader on the power coal producers market, recorded in the first quarter of 2013 extraction of 2.03 million tonnes, i.e. a level similar to that achieved in the previous year. Extraction after the first quarter of 2013 complies with the Company’s assumptions.