Regional News:
Croatia's INA H1 cons net profit plummets
30.7.2012 17:39:00 | Author/Source www.seenews.com
Croatian oil and gas company INA said on Monday its consolidated net profit tumbled to 115 million kuna ($18.7 million/15.3 million euro) in the first half of 2012 from 1.93 billion kuna a year earlier.
“INA has delivered positive results in the first half of 2012 despite no revenues received from Syria, significant losses generated in the gas trading business due to regulatory constraints, and a decreased regional demand negatively affecting the refining and marketing business [...]," the president of the managing board, Zoltan Aldott, said in a bourse filing...
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