February 28 (SeeNews) - Croatian confectionery producer Kras Group [ZSE:KRAS] said on Tuesday its consolidated net profit rose 49% on the year to 44.9 million kuna ($ 6.3 million/6.0 million euro) in 2022.
Overall consolidated revenue increased 9.8% to 1.192 billion kuna, while costs increased 8.7% to 1.138 billion, it said in a filing to the Zagreb bourse.
Its pre-tax profit increased 41.6% to 54.4 million kuna.
Domestic sales went up 9.9% to 630 million kuna, while exports increased 6.7% to 498 million kuna.
In terms of volume, its sales fell 1.4% to 36,415 tonnes.
Kras shares traded 6.86% lower intraday on Tuesday, at 81.50 euro on the Zagreb bourse.
($ = 0.940 euro)