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Jul 31, 2023 11:33 EEST
July 31 (SeeNews) - Croatia's largest wine producer Kutjevo [ZSE:KTJV] said its consolidated net profit fell to 2.5 million euro ($2.8 million) in the first half of 2023, from 7.3 million euro in the same period a year earlier.
The company's operating revenue declined to some 26.9 million euro from 28 million euro, while operating costs increased 24.2 million euro from 20.7 million euro, Kutjevo said on Friday in an unaudited preliminary financial report.
Sales revenue came in at 24.8 million euro, down from 26.5 million euro in the first half of 2022.
Kutjevo's shares closed flat at 5.50 euro on the Zagreb bourse on Friday. Trading with them has not started yet on July 31.
($ = 0.907 euro)
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