Brief: Tauron Standalone Gross Financial Result For H1 To Increase By Estimated 297 Mln Zlotys Due To Write-Down Reversals
BRIEF-Tauron Standalone Gross Financial Result For H1 To Increase By Estimated 297 Mln Zlotys Due To Write-Down Reversals Aug 10 (Reuters) - Tauron Polska Energia S.A. TPE.WA:
IMPAIRMENT TESTS SHOW STANDALONE GROSS FINANCIAL RESULT FOR H1 TO INCREASE BY 297 MILLION ZLOTYS DUE TO WRITE-DOWN REVERSALS
TO REVERSE IMPAIRMENT OF 135 MILLION ZLOTYS ON TAURON CIEPLO SHARES AND 162 MILLION ZLOTYS ON TAURON WYTWARZANIE SHARES
REVERSAL OF IMPAIRMENT LOSSES WILL NOT AFFECT STANDALONE EBITDA
NO IMPAIRMENT LOSSES CREATED OR REVERSED IN CONSOLIDATED FINANCIALS
Source text: ID:nEM3DjnrQa
Further company coverage: TPE.WA
(Reporting by Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com;))
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