July 23 (SeeNews) - Croatian power transformer manufacturer Koncar D&ST [ZSE:KODT-R-A] said on Thursday its consolidated net profit rose 26% year-on-year to 23.5 million kuna ($3.6 million/3.1 million euro) in the first half of 2020.
The company's total revenue increased by 9.0% on the year to 614.4 million kuna, while total costs grew 8.9% to 585.6 million kuna, Koncar D&ST said in a filing with the Zagreb Stock Exchange (ZSE).
As of June 30, the company employed 702 people.
Koncar D&ST's shares traded 4% higher at 1,300 kuna by 1117 CET on Thursday on the ZSE.
(1 euro = 7.52282 kuna)