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Croatia’s Jadroplov 9-mo Cons Net Profit Falls 36.6% to 27.3 Mln Kuna (3.8 Mln Euro)

Oct 30, 2009, 4:37:22 PMArticle by Kire Nedelkovski
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October 30 (SeeNews) - Croatian blue-chip shipping company Jadroplov on Friday reported a consolidated unaudited net profit of 27.257 million kuna ($5.6 million/3.8 million euro) through September, down from 42.980 million kuna a year earlier.

Croatia’s Jadroplov 9-mo Cons Net Profit Falls 36.6% to 27.3 Mln Kuna (3.8 Mln Euro)

The company issued the following details in a statement to the Zagreb Stock Exchange (ZSE):

in millions of kuna Jan-Sept 2009 Jan-Sept 2008
Net profit 27.257 42.98
Pre-tax profit 27.257 42.98
Total revenue 186.7 332.5
Operating costs 159.5 289.5

Jadroplov (www.jadroplov.hr), based in Split, operates a fleet of four bulk and two container carriers.

The company stock, a component of the 24-share Crobex index of the ZSE, was trading up 1.96% at 193.78 kuna by 1323 GMT on Friday.

(1 euro=7.2335 Croatian kuna)

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