May 3 (SeeNews) - Croatian power transmission equipment manufacturer Dalekovod [ZSE:DLKV] said it swung to consolidated net profit of 11.9 million kuna ($1.8 million/1.6 million euro) in the first three months of 2019, from a net loss of 21.9 million kuna in the same period last year.
The company's consolidated total income rose 1.3% to 271.2 million kuna in the three months through March, while total expenses dropped 10.5% to 259.1 million kuna, Dalekovod said in its first quarter financial report on Tuesday.
Dalekovod's operating income decreased to 215.5 million kuna from 241.5 million kuna.
(1 euro = 7.41456 kuna)