Croatia’s Mplus pre-tax profit falls 12% in 2023

In a bourse filing earlier this week, the company attributed the decrease in pre-tax income to exchange rate fluctuations related to the Turkish lira against the euro, higher interest costs and higher depreciation costs due to additional investments in infrastructure due to bigger business volumes,

Revenue jumped 65% year-on-year to 296.5 million euro on the back of organic growth in BPTO business revenues and development of new industry verticals, HR and eCommerce.

With a portfolio of 32 languages, the Mplus Group provides contact centre services from 42 locations in 15 countries.

Shares of Meritus Ulaganja [ZSE:MRUL], the parent holding company of Mplus, traded 5.56% higher at 228 euro on the Zagreb bourse on Friday afternoon.

($ = 0.924 euro)