April 30 (SeeNews) - Croatian telecoms equipment manufacturer Ericsson Nikola Tesla [ZSE:ERNT-R-A] said its consolidated net profit shrank to 25.157 million kuna ($3.607 million/3.313 million euro) in the first quarter of 2015 from 34.074 million kuna in the like period a year earlier.
First-quarter operating profit fell to 24.192 million kuna from 31.091 million kuna in the year-ago period, the company said in a bourse filing. Pre-tax profit amounted to 25.240 million kuna, as compared to 34.074 million kuna in the first three months of 2014.
Ericsson Nikola Tesla's total revenue stood at 314.317 million kuna in the first quarter of 2015, down from 323.433 million kuna in the corresponding period a year earlier.
Its total assets amounted to 752.676 million kuna at the end of March, as compared to 699.585 million kuna a year earlier.
|
Q1 2015 (in mln kuna) |
Y/Y Change |
(%) Q1 2014 (in mln kuna) |
Net profit |
25.157 |
-26% |
34.074 |
Pre-tax profit |
25.240 |
-26% |
34.074 |
Operating profit |
24.192 |
-22% |
31.091 |
Total revenue |
314.317 |
-2.82% |
323.433 |
Total assets |
752.676 |
7.59% |
699.585 |
Cash and cash equivalents |
234.793 |
26% |
186.963 |
Share capital |
133.165 |
0.0% |
133.165 |
Total liabilities |
242.260 |
13% |
215.237 |
(1 euro = 7.5941 Croatian kuna)