Croatian Airlines posts EUR 18.2mn net loss in H1.

By bne IntelliNews August 3, 2010
Flag carrier Croatia Airlines' consolidated unaudited financial results showed that its net loss almost quadrupled to HRK 131.5mn (EUR 18.2mn) in H1. The total revenues dropped by 11.7% y/y to HRK 682.1mn, while the sales' revenues declined by 19.4% y/y to HRK 516.4mn. The total expenses of the company rose by 0.9% y/y to HRK 813.6mn.

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