September 7 (SeeNews) - Croatian manufacturer of plastic products for the automotive industry AD Plastik [ZSE:ADPL] said on Wednesday its board member Ivan Cupic resigned for personal reasons.
His membership of the management board of AD Plastik will end on September 14, 2022, the company said in a filing to the Zagreb bourse. Cupic has been in charge of production, logistics and quality on the management board, which includes also CEO and another board member.
The company said earlier this year it closed the first half of 2022 with a consolidated group net loss of 59.4 million kuna ($7.8 million/7.9 million euro), compared to a net profit of 32.4 million kuna in the same period of last year, as production at its two factories in Russia was suspended due to the war in Ukraine.
AD Plastik is a member of the two main equity indices of the Zagreb bourse, the CROBEX and the CROBEX 10.
The company's shares traded at 83 kuna, down 1.66%, intraday on Wednesday on the Zagreb Stock Exchange.
($=7.513 kuna)