July 27 (SeeNews) - Croatian power transmission equipment manufacturer Dalekovod [ZSE:DLKV] said on Friday it turned to a consolidated net loss of 8.9 million kuna ($1.4 million/1.2 million euro) in the first half of 2018, from a profit of 8.2 million kuna a year earlier.
The company's consolidated total revenue fell 15.8% to 601.7 million kuna in the six months through June, while total expenses dropped to 610.4 million kuna from 703.3 million kuna a year earlier, Dalekovod said in its first half financial report published over the weekend.
Dalekovod's operating income decreased 17% to 588 million kuna, while its EBITDA fell by 28 million kuna.
(1 euro=7.39608 kuna)