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PGE falls after preliminary Q3 results

PGE falls after preliminary Q3 results

Pt Pertamina Geothermal Energy TbkNovember 17, 20255
PGE falls after preliminary Q3 results

About this update from Pt Pertamina Geothermal Energy Tbk

** Shares in PGE GPW:PGE fall as much as 6.5% after the Polish biggest utility reported preliminary Q3 results** Erste Securities analyst Bártek Petr says the results came in slightly below estimates due to weaker generation prices and supply margins ** Petr also highlights concerns over declining supply volumes and slowing revenues from ancillary services, adding that high financial costs also weighed on performance ** As of 0907 GMT shares of PGE are down around 5%, falling the most among Polish blue-chips GPW:GPW

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