ZAGREB (Croatia), April 2 (SeeNews) – Croatian pharmaceuticals distributor Medika Group [ZSE:MDKA-R-A] said its consolidated net profit rose to 72.8 million kuna ($10.4 million/9.5 million euro) in 2019, from 33.7 million kuna a year earlier.
Medika Group’s operating profit leapt by 120% to 92.9 million kuna last year, the company said in 2019 audited annual financial report filed with the Zagreb Stock Exchange (ZSE) last week.
Consolidated total revenue rose 18.5% to 3.6 billion kuna in 2019.
The Group's total assets amounted to 2.3 billion kuna at the end of last year, up 17.6% compared to end-2018.
Medika employed 856 people at the end of December.
The company's shares last traded on the ZSE on March 30, closing 2% lower at 14,700 kuna.
(1 euro = 7.63113 kuna)