Financial results of non-financial enterprises in the first quarter of 2024
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In the 1st quarter of 2024 financial results of the surveyed non-financial enterprises were lower comparing to those obtained a year earlier. The economic and financial indicators deteriorated. Investment outlays were lower by 2.2% than those recorded in the 1st quarter of 2023 (when there was an increase by 7.2%).
Total revenues were lower by 6.2% comparing to the previous year and total costs of obtaining the revenues decreased by 4.5%. The cost level indicator deteriorated from 94.5% in the previous year to 96.3%. Net revenues from sale of products, goods and materials decreased by 6.2% and the costs of obtaining them – by 4.6%.
The financial result from the sale of products, goods and materials amounted to 47.9 bn PLN and was by 33.4% lower than in the 1st quarter of 2023. The financial result from other operating activity amounted to 3.3 bn PLN and was lower by 3.1 bn PLN over the year. There was an improvement observed in the result on financial activities (minus 4.3 bn PLN compared to minus 5.3 bn PLN in the 1st quarter of 2023).
