You have 10 free articles left this month. Get your freeBasic subscription now and gain instant access to more.

Croatia's AD Plastik boosts 9-mo cons net profit

Croatia's AD Plastik boosts 9-mo cons net profit AD Plastik factory; Source: AD Plastik

ZAGREB (Croatia), October 30 (SeeNews) - Croatian plastic products manufacturer AD Plastik [ZSE:ADPL-R-A] said on Wednesday its consolidated net profit grew 6.3% year-on-year in the first nine months of 2019, reaching 63.9 million kuna ($9.5 million/8.6 million euro).

The company's operating income increased 16.6% year-on-year to 1.1 billion kuna in the first nine months, while its EBITDA grew by 3.6% to 133.5 million kuna, AD Plastik said in an interim financial report filed with the Zagreb Stock Exchange (ZSE).

Of the total operating income, 859.2 million kuna was made on the markets of EU and Serbia, up 24.8%. On the Russian market, AD Plastik made 236.1 million kuna of its operating income, 6% less than in the first nine months of 2018.

(1 euro = 7.45959 kuna)

Compare