Brief: LPP Says Write-Down To Lower Q3 Net Result By 788 Mln Zlotys
28/11/2025 13:38
Nov 28 (Reuters) - LPP SA LPPP.WA: RECEIVES LETTERS FROM GENERAL CONSULTING AND FAR EAST SERVICES REGARDING INABILITY TO PAY THIRD AND FOURTH INSTALMENTS FOR RE TRADING SHARES INVESTORS UNABLE TO PAY $94.8 MILLION FOR RE TRADING SHARES TO MAKE WRITE-DOWNS TOTALING APPROXIMATELY 788 MILLION PLN AGAINST ASSETS DUE TO IMPAIRED RECEIVABLES ESTIMATES NON-CASH IMPACT OF ABOUT 788 MILLION PLN ON Q3 2025 CONSOLIDATED AND STANDALONE NET PROFIT SAYS THESE EVENTS DO NOT AFFECT ITS FINANCIAL CONDITION, DEVELOPMENT PLANS, OR DIVIDEND POLICY Source text: ID:nEM2w7g4xa Further company coverage: LPPP.WA (Reporting by Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))