May 11, 2017 / 5:16 PM / 2 months ago

Poland's PGE says Q1 net profit rises 11 pct y/y

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WARSAW, May 11 (Reuters) - Poland's biggest power group PGE reported an 11 percent rise in first-quarter net profit on Thursday, which it attributed to lower costs.

State-run PGE said net profit totalled 964 million zlotys ($248 mln) for the first quarter, compared with 870 million reported a year earlier. ($1 = 3.8848 zlotys) (Reporting by Agnieszka Barteczko; Editing by Susan Fenton)

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