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Increase in INA nett profit

16.4.2012 15:56:00 | Author/Source Privredni vjesnik

Ina Group nett profit for 2011 was €0.24 billion, an increase of €114.6 million over the previous year. Greater profitability came primarily from its core activity, as well as to lower losses compared with 2010. Ina Group recorded a smaller financial loss (€23.75 million) over 2010, due to higher interest rates and exchange rate differences with the kuna weakening
against the dollar throughout the year, according to the Zagreb Stock Exchange website.

Izvor: PVI International

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