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Croatia's Kras cons net profit falls 26% in 2014

Author Martin Raynov
Croatia's Kras cons net profit falls 26% in 2014

ZAGREB (Croatia), February 17 (SeeNews) - Croatian confectionery producer Kras [ZSE:KRAS-R-A] said its net profit dropped to 7.503 million kuna ($1.104 million/972,700 euro) in 2014 from 10.182 million kuna a year earlier.

Operating profit decreased to 10.705 million kuna in 2014 from 27.263 million kuna a year earlier. Pre-tax profit fell to 7.846 million kuna from 12.767 million kuna in 2013.

Total revenue dropped to 331.666 million kuna from 998.501 million kuna in 2013.

Total assets amounted to 1.172 billion kuna, up from 1.151 billion kuna in 2013. Cash and cash equivalents rose to 44.717 million kuna from 34.627 million kuna a year earlier.

Kras's share capital remained unchanged at 549.448 million kuna. Total liabilities increased to 531.522 million kuna from 502.065 million kuna in 2013.

  2014 (in kuna) Y/Y change (%) 2013 (in kuna)
Net profit/loss 7.503 million -26.32% 10.182 million
Pre-tax profit/loss 7.846 million -38.55% 12.767 million
Operating profit/loss 10.705 million -60.73% 27.263 million
Total revenue 331.666 million -66.78% 998.501 million
Total assets 1.172 billion 1.82% 1.151 billion
Cash and cash equivalents 44.717 million 29.14% 34.627 million
Share capital 549.448 million 0.0% 549.448 million
Total liabilities 531.522 million 5.87% 502.065 million

(1 euro = 7.7133 Croatian kuna)

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