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Croatia’s Elektropromet 9-mo Net Loss Widens to 27.6 Mln Kuna (3.8 Mln Euro)

Dec 3, 2008, 3:02:07 PMArticle by Kire Nedelkovski
share
December 3 (SeeNews) - Croatian home appliances distributor Elektropromet reported on Wednesday a non-consolidated unauidited net loss of 27.6 million kuna ($4.9 million/3.8 million euro) in the first nine months of 2008 compared to a net loss of 426,000 kuna in the same period a year earlier.

Croatia’s Elektropromet 9-mo Net Loss Widens to 27.6 Mln Kuna (3.8 Mln Euro)

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

(in millions of kuna) Jan-Sept'08 Jan-Sept'07
Net profit/loss -27.6 -0.426
Pre-tax-profit/loss -27.6 -0.426
Total revenue 206.7 316.0
Total costs 234.2 316.4

Elektropromet’s shares were last traded on November 21 at 140 kuna on the Zagreb bourse.

(1 euro = 7.1754 Croatian kuna)

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