PKN's Q1 operating profit to top 400 mln zlotys

WARSAW, April 22 | Thu Apr 22, 2010 2:13am EDT

WARSAW, April 22 (Reuters) - Poland's leading refiner PKN Orlen's PKNA.WA first quarter operating profit is expected to exceed 400 million zlotys, PKN said in a statement on Thursday.

PKN's refining volumes dropped 9 percent year-on-year with refining margins down 25 percent from the first quarter of 2009. Ural-Brent spread rose 17 percent year-on-year in the quarter. (Reporting by Patryk Wasilewski)

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