Croatian Exportdrvo net loss at Euro 1.32 million 2004
Apr 13, 2005. Croatian wood and wood products trader Exportdrvo group narrowed its net loss to 9.81 million Croatian kuna ($1.72 million/1.32 million euro) in 2004, from 61.11 million kuna ($10.73 million/8.26 million euro) in 2003, according to the company statement to the Zagreb Stock Exchange.
Apr 13, 2005. /Lesprom Network/. Croatian wood and wood products trader Exportdrvo group narrowed its net loss to 9.81 million Croatian kuna ($1.72 million/1.32 million euro) in 2004, from 61.11 million kuna ($10.73 million/8.26 million euro) in 2003, according to the company statement to the Zagreb Stock Exchange.
Revenue fell by 12.1% to 165.21 million kuna ($29 million/22.34 million euro) in 2004, from 188.07 million kuna ($33.01 million/25.43 million euro) in 2003. Company costs fell by 29.7% to 175.02 million kuna ($30.72 million/23.67 million euro) in 2004, versus 249.18 million kuna ($43.74 million/33.69 million euro) in 2003.
Domestic sales decreased by 24.6% to 99.23 million kuna ($17.42 million/13.42 million euro), while sales abroad fell by 12.1% to 23.79 million kuna ($4.17 million/3.22 million euro).