July 31 (SeeNews) - Croatian civil engineering company Ingra [ZSE:INGR-R-A] said on Wednesday it swung to a net profit of 10 million kuna ($1.5 million/1.4 million euro) in the first half of 2019, from a net loss of 9 million kuna a year earlier.
The total revenue of the company fell by 31% year-on-year to 54 million kuna in the first six months of 2019, while its earnings before interest and tax (EBIT) swung to positive 6 million kuna, from negative 4 million kuna last year, Ingra said in an unaudited financial report filed with the Zagreb Stock Exchange (ZSE).
First-half sales revenue fell to 9 million kuna, down 61% on the year.
The company had 11 employees at the end of June.
Ingra's shares last traded on the ZSE on Tuesday, when they closed at 4.12 kuna, up 0.49%.
(1 euro = 7.38385 kuna)