June 2 (SeeNews) - Croatia's civil engineering company Institut IGH [ZSE:IGH] said its consolidated net loss expanded to 2.9 million kuna ($426,636/382,149 euro) in the first quarter of 2020, from a 1.9 million kuna loss a year earlier.
IGH's total revenue rose 38.6% on the year to 56.1 million kuna in January-March, while total costs grew to 59.2 million kuna from 42.3 million kuna, the company said in a filing to the Zagreb Stock Exchange (ZSE) on Friday.
The company's total assets decreased to 451.9 million kuna at the end of March, from 458 million kuna at the end of 2019.
The IGH Group employed 580 people at the end of March.
IGH's shares closed at 90 kuna on the ZSE on Monday, down 3.23%. It did not trade by 1041 CET on Tuesday.
(1 euro = 7.58866 kuna)