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Croatia's Koncar D&ST H1 cons net profit grows 20% y/y - table

Croatia's Koncar D&ST H1 cons net profit grows 20% y/y - table Author: Ken Teegardin. Licence: Creative Commons, Attribution-ShareAlike 2.0 Generic.

ZAGREB (Croatia), July 23 (SeeNews) - Croatian power transformer manufacturer Koncar D&ST [ZSE:KODT-R-A] said its first-half consolidated net profit rose 20.2% on the year to 18.6 million kuna ($2.8 million/2.5 million euro).

The company's total revenue rose by 24.6% on the year to 558.4 million kuna, while total costs increased 25% to 534.6 million kuna, Koncar D&ST said in a filing to the Zagreb Stock Exchange (ZSE) on Monday.

As of June 30, the company employed 666 workers. 

Figures from the company's first-half 2019 financial statement follow (in millions of kuna):

  Jan-June '18 Jan-June '19
Net profit 15.5 18.6
Total revenue 448.3 558.4
Total costs  428.0 534.6

(1 euro = 7.38778 kuna)

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