July 26 (SeeNews) - Croatian oil and gas company INA [ZSE:INA-R-A] said on Friday its first-half consolidated net profit fell 65% on the year to 188 million kuna ($28.3 million/25.5 million euro), driven mainly by lower refining margin environment.
INA's net sales revenue rose by an annual 3% to 9.8 billion kuna in the first half of 2019, the company said in its financial statement for the six months ended June 30.
Hungary's MOL is the biggest shareholder in INA with a 49.08% stake. The Croatian government owns 44.84%, with the remaining 6.08% held by institutional and private investors.
(1 euro = 7.38553 kuna)
INA-Industrija Nafte d.d. is among the biggest companies in SEE. You can download our SEE Top 100 ranking
here or subscribe to our free Top 100 newsletter
here