Croatia's Kutjevo 2023 net profit plunges

The company's operating revenue declined to some 53.6 million euro from 58.4 million euro, while operating costs increased to 52.4 million euro from 51 million euro, Kutjevo said last week in an unaudited preliminary financial report.

Sales revenue came in at 47.6 million euro, down from 54.9 million euro in 2022.

Kutjevo's shares last traded on January 26, when they closed 5.61% higher at 5.65 euro on the Zagreb bourse.

($ = 0.922 euro)