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Croatia's Ledo turns to non-cons net profit in Q1

Author Martin Raynov
Croatia's Ledo turns to non-cons net profit in Q1

ZAGREB (Croatia), May 25 (SeeNews) - Croatian ice cream and frozen food company Ledo [ZSE:LEDO-R-A] posted a first-quarter non-consolidated net profit of 1.412 million kuna ($206,600/186,400 euro), after booking a net loss of 1.738 million kuna in the like period a year earlier.

Ledo posted an operating profit of 2.967 million kuna in the first quarter of 2015, as compared to 1.062 million kuna in the year-ago period, the company said in a bourse filing.

Total revenue climbed up to 186.179 million kuna from 161.977 million kuna in the first quarter of 2014.

Total assets stood at 2.336 billion kuna at the end of March, up from 2.217 billion kuna a year earlier.

Its share capital remained unchanged at 119.290 million kuna.

  Q1 2015 (in mln kuna) Y/Y Change (%) Q1 2014 (in mln kuna)
Net profit/loss 1.412   -1.738
Pre-tax profit/loss 6.924 92% 3.613
Operating profit/loss 2.967 179% 1.062
Total revenue 186.179 15% 161.977
Total assets 2,336 5.39% 2,217
Cash and cash equivalents 1.570 -68% 4.968
Share capital 119.290 0.0% 119.290
Total liabilities 443.868 36% 325.888

(1 euro = 7.5755 Croatian kuna)

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