February 27 (SeeNews) - Croatian shipbuilding company Viktor Lenac [ZSE:VLEN] swung to a non-consolidated net profit of 20.2 million kuna ($3.0 million/2.7 million euro) in 2019, from a loss of 21 million kuna a year earlier, it said.
The company's operating revenue rose 24.2% on the year to 314.1 million kuna in 2019, while operating costs increased to 291.7 million kuna from 271 million kuna in 2018, Viktor Lenac said in an unaudited financial report filed with the Zagreb Stock Exchange (ZSE) on Wednesday.
The company's total assets increased to 419.5 million kuna at the end of December, from 359.8 million kuna a year earlier.
Viktor Lenac employed 370 people at the end of December.
(1 euro = 7.45870 kuna)