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Croatian Port Operator Luka Rijeka 9-Mo Cons Unaudited Net Profit Edges Down 0.1% - Table

Nov 14, 2008, 1:58:02 PMArticle by Kire Nedelkovski
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November 14 (SeeNews) - Croatian sea port operator Luka Rijeka on Friday reported a slight fall in its consolidated unaudited net profit to 6.490 million kuna ($1.141million /911,000 euro) through September from 6.498 million kuna a year earlier.

Croatian Port Operator Luka Rijeka 9-Mo Cons Unaudited Net Profit Edges Down 0.1% - Table

Luka Rijeka, which is the largest sea port operator in Croatia measured by the volume of handled cargo, handled 4.64 million tonnes of cargo in the first nine months of 2008. General cargo volume rose 27%, bulk cargo increased 4.0%, while timber cargo remained at the same level as a year earlier, the company said in a statement to the Zagreb Stock Exchange (ZSE).

Details from the company's statement follow (in millions of kuna):

Jan-Sept'08 Jan-Sept'07
Net profit 6.490 6.498
Pre-tax profit 6.522 6.505
Total revenue 200.3 164.9
Total costs 193.8 158.4

Luka Rijeka (www.lukarijeka.hr) is majority state-owned. Its shares had not traded on the ZSE by 1240 GMT on Friday. They closed at 205 kuna on Thursday.

(1 euro=7.1246 Croatian kuna)

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