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Croatian Shipping Firm Uljanik Plovidba 9-Mo Cons Unaudited Net Profit Falls 75.6%

Nov 10, 2008, 12:06:21 PMArticle by Kire Nedelkovski
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November 10 (SeeNews) - Croatian blue-chip shipping company Uljanik Plovidba said on Monday its consolidated unaudited net profit in the first nine months of 2008 fell to 62.2 million kuna ($11.2 million/8.7 million euro) from 255.2 million kuna a year earlier.

Croatian Shipping Firm Uljanik Plovidba 9-Mo Cons Unaudited Net Profit Falls 75.6%

The company issued the following details in a statement to the Zagreb Stock Exchange:

in millions of kuna Jan-Sept'08 Jan-Sept'07
Net profit 62.2 255.2
Pre-tax profit 62.2 255.2
Total Revenue 196.3 395.5
Total Costs 134.1 139.7

The company's shares traded at 949 kuna on the Zagreb bourse by 0945 GMT on Monday, up from Friday's close of 905 kuna.

(1 euro= 7.1405 Croatian kuna)

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