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Croatia Airlines Turns to H1 Cons Loss of 34.5 Mln Kuna (4.7 Mln Euro)

Aug 20, 2009, 3:52:56 PMArticle by Kire Nedelkovski
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August 20 (SeeNews) - Croatia Airlines, the country's flag carrier, said it turned to a consolidated loss of 34.5 million kuna ($6.6 million/4.7 million euro) in the first half of 2009 from a 823,000 kuna profit a year earlier.

Croatia Airlines Turns to H1 Cons Loss of 34.5 Mln Kuna (4.7 Mln Euro)

Following are details from the carrier's consolidated financial statement filed with the Zagerb Stock Exchange on Wednesday (in millions of kuna):

H1'09 H1'08
Net profit/loss -34.5 0.8
Pre-tax profit -34.5 0.8
Total revenue 772.2 850.0
Total costs 806.7 849.2

Croatia Airlines shares were last traded on the ZSE on June 24, closing unchanged at 110 kuna.

(1 euro=7.3256 Croatian kuna)

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