ZAGREB (Croatia), March 4 (SeeNews) – Croatian diversified holding Djuro Djakovic Group [ZSE:DDJH] said its consolidated net loss decreased to 61.2 million kuna ($9.7 million/8.1 million euro) in 2020, from 175.1 million kuna in 2019.
Consolidated operating income rose 39.6% on the year to 389.1 million kuna, while operating costs edged down 0.3% to 428 million kuna, the company said in an unaudited financial report filed with the Zagreb bourse last week.
The group's consolidated earnings before interest, depreciation, taxes and amortization (EBIDTA) totalled a negative 15.9 million kuna in 2020, compared with a negative 74.8 million kuna in 2019.
The group's main business lines are manufacturing of equipment for steelworks, industrial and power plants and production of rolling stock and special-purpose motor vehicles.
Djuro Djakovic shares traded flat at 4.40 kuna by 1333 CET on the ZSE on Thursday.
(1 euro = 7.5816 kuna)