PKP Cargo reduced its share capital by PLN 2.19 billion to cover the loss for 2024.

PKP Cargo reduced its share capital by PLN 2.19 billion to cover the loss for 2024, the company announced in a press release.

PKP Cargo reduced the share capital by PLN 2,194,558,933.00 by reducing the nominal value of all the company's shares by PLN 49.00, i.e. from PLN 50.00 to PLN 1.00 each share.

It was stated that the purpose of the share capital reduction is to compensate for the loss incurred by PKP Cargo in 2024 in the amount of over PLN 2.41 billion, where the amount obtained from the capital reduction in the total amount of PLN 2.19 billion will be allocated to cover it. The loss remaining after the reduction of the share capital in the amount of PLN 218.17 million will be covered from the supplementary capital. (PAP Business)

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