WARSAW, Aug 12 (Reuters) - Energa ENGP.WA , Poland's No.4
utility, posted a lower-than-expected second-quarter net profit
of 178 million zlotys ($47 million) on lower revenues on power
generation from renewable sources and costs of electricity
purchases.
Analysts polled by Reuters expected the state-run firm to
report a bottom line of the 202 million zlotys compared with 294
million zlotys in the same time last year.
Energa's renewables segment was hit by record low prices of
the so-called green certificates, tradable securities which
prove that a certain amount of electricity was generated from
renewable sources.
($1 = 3.7929 zlotys)