Croatias INA posts HRK 1.95bn net profit in H1.

By bne IntelliNews August 2, 2011
Oil and gas company INA turned to a net profit of HRK 1.9bn in H1, following a net loss of HRK 108mn a year ago, the company said in a filing to the Zagreb bourse. The total consolidated revenues went up by 26.8% y/y to HRK 16.3bn, due to an increase in sales revenues by 30.5% y/y to HRK 14.8bn in H1. The consolidated expenses went up by 6.9% y/y to HRK 13.7bn.

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