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Imperial d.d. Q3 profit climbs 9.7% YOY


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Imperial d.d. Q3 profit climbs 9.7% YOY

Imperial d.d. said its normalized net income for the third quarter was 56.40 kuna per share, a gain of 9.7% from 51.43 kuna per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 35.9 million kuna, an increase of 9.7% from 32.7 million kuna in the year-earlier period.

The normalized profit margin climbed to 36.2% from 35.2% in the year-earlier period.

Total revenue climbed 6.6% year over year to 99.1 million kuna from 93.0 million kuna, and total operating expenses grew on an annual basis to 44.1 million kuna from 42.1 million kuna.

Reported net income increased 9.7% on an annual basis to 57.4 million kuna, or 90.24 kuna per share, from 52.3 million kuna, or 82.29 kuna per share.

As of Oct. 26, US$1 was equivalent to 6.87 kuna.