February 27 (SeeNews) - Croatian electricity transformer manufacturer Koncar D&ST [ZSE:KODT-R-A] said on Thursday its consolidated net profit fell 1.7% year-on-year to 47.8 million kuna ($7.0 million/6.4 million euro) in 2019.
The company's operating revenue increased by 13.7% on the year to 1.1 billion kuna in 2019, with operating costs went up 14.3% to 1 billion kuna, Koncar D&ST said in a filing to the Zagreb Stock Exchange (ZSE).
As of December 31, the company employed 683 workers.
Figures from the company's 2019 financial statement follow (in millions of kuna unless stated otherwise):
|
Jan-Dec 2019 |
Jan-Dec 2018 |
Net profit |
47.8 |
48.6 |
Operating revenue |
1.1 bln |
942.6 |
Operating costs |
1.0 bln |
894.5 |
(1 euro = 7.45941 kuna)