Ocotber 31 (SeeNews) - The Croatian subsidiary of Belgian brewer InBev, Zagrebacka Pivovara, reported on Wednesday a net profit of 132.6 million kuna ($26.05 million/18.04 million euro) for the first nine months of the year, up 14% from a year earlier year, due to rising revenue.
Zagrebacka Pivovara is one of the leading brewers in Croaita and its market share in the country in September was 43.4%, the company said in a statement filed with the Zagreb Stock Exchange.
Following are details from the statement:
| (in millions of kuna) |
Jan-Sept '07 |
Jan-Sept '06 |
| Net profit |
132. 6 |
116. 2 |
| Pre-tax profit |
167. 0 |
147. 0 |
| Total revenue |
647. 1 |
612. 5 |
| Total costs |
480. 1 |
465. 5 |
The company's share last traded on Monday when it closed at 4,800 kuna on the Zagreb bourse, up 3.11%.
(1 euro=7.3469 Croatian kuna)