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Croatian non-financial companies net profit up 33% in 2023

May 31, 2024, 4:30:42 PMArticle by Annie Tsoneva
share
May 31 (SeeNews) - The overall consolidated net profit of Croatian companies, excluding financial institutions, rose to 8.8 billion euro ($9.6 billion) last year, up from 6.6 billion euro in 2022, local provider of financial services Fina said on Friday.

Croatian non-financial companies net profit up 33% in 2023
Ina's oil refinery near Rijeka. Source: Ina.

A total of 156,145 companies reported an overall revenue of 161.1 billion euro for 2023, up 9.6% on the year, and total costs of 150.5 billion euro, up 8.4%, Fina said in a press release.

A total of 69% of local companies made profit last year, while 31% were loss-making, it added.

Among them, oil and gas company INA [ZSE:INA] reported the highest net profit, of 224 million euro, and highest revenue, of 3.9 billion euro, for 2023.

INA’s shares last traded on Wednesday on the Zagreb bourse, ending 1.39% lower at 498 euro.

($ = 0.919 euro)

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