JSW Group
Year of falling coal and coke prices
Jastrzębska Spółka Węglowa may treat 2015 as one of the most challenging years in its operating history. The JSW Group closed last year with a net loss of PLN 3,285.2 million, though EBITDA after cleansing it of non-recurring events was up 12.9% over last year to PLN 513.8 million. Impairment losses pertaining to coal and coke assets in excess of PLN 3.2 billion chiefly burdened the Group’s result.