profit

Adris Group nets HRK 151m in profits

In the first half of 2016, the Adris tourism and insurance group netted HRK 151 million in profits which, despite the sale of its tobacco business, is the same as at the same time in 2015, when...

State-owned HPB bank generates record high profit

The Croatian Postal Bank (HPB) wrapped up H1 2016 with the highest semi-annual net profit in the bank's history, amounting to HRK 1.3 million, with a strong growth of market shares in all segments...

HEP makes EUR 212.8m in profit in 2015

The HEP power utility made HRK 1.6 billion in profit in 2015 and the general assembly decided on Monday to set aside HRK 525.7 million as retained profits from regular business and HRK 634.3...

Profit per employee highest in state-owned businesses

A total of 106,569 businesses were active in 2015, and of them 104,635 were privately owned, 850 were state-owned, 592 had a mixed ownership structure and 492 were owned by cooperatives.

Commercial banks in Croatia earn Q1 gross profit of HRK 1.5 bn

Commercial banks in Croatia generated a total pre-tax profit of HRK 1.51 billion in the first quarter of 2016, according to preliminary unaudited data for 28 banks released by the Croatian...

Croatian forest management company posts profit of EUR24.8M

The state-run forest management company "Hrvatske Sume" posted a net profit of HRK 186.4 million in 2015, when its pre-tax profit totalled HRK 235.2 million.

Jadrolinija reports 29% increase in net profit

Last year the company transported close to 10.9 million passengers and 2.7 million vehicles, increases of 8.8% and 6.3% from 2014 respectively.

Nokia reports first-quarter net loss of 583 million dollars

Finnish telecommunications equipment maker Nokia reported a first-quarter net loss of 513 million euros (583 million dollars) on Tuesday in its first report since acquiring rival Alcatel-Lucent of...

Koncar Group earns HRK 29.4 mln in net profit

In the first quarter of 2016, the Koncar Group earned a net profit in the amount of HRK 29.4 million, of which HRK 5.6 belongs to minority interests and HRK 23.8 million to majority interests, the...

Djuro Djakovic Group posts net loss of HRK 11.5 mn

The value of the contracts signed as of March 2016 was HRK 764 million, which was an increase of 207% compared with the first quarter of 2015. The group said it expected to fulfil its plans for...

Croatian enterprises see their 2015 profits double to HRK 17bn

The report is based on data from the FINA Register of Annual Financial Statements covering 106,569 enterprises subject to profit tax, excluding banks, insurance companies and other financial...

Petrokemija revenues drop 24 pct, losses more than halved

The Kutina-based artificial fertiliser manufacturer Petrokemija wrapped up the first quarter of 2016 at a loss of HRK 6.6 million (HRK 15.9 million in Q1 2015), while revenues dropped 23.6% to HRK...

HPB Group's net profits rise 5.5 pct

The Croatian Postal Bank (HPB) Group netted HRK 47.8 million in profits in the first quarter of 2016, up 5.5 percent on the year, the bank said on Friday.

ENT revenues in Q1 up 7 pct, net profit up more than 12 pct

Business results in Q1 2016 show that Ericsson Nikola Tesla (ENT) sales revenues grew by 7% on the year, reaching HRK 330.8 million, while net profits grew by 12.3% to HRK 28.2 million, the...

Atlantic Group earns HRK 45 mln in net profit in Q1

In the first three months of this year the food and distribution company Atlantic Grupa earned a net profit of HRK 45.2 million, 1.6% more than in the same period last year, shows an unaudited...