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Imperial d.d. Q2 loss narrows YOY

Imperial d.d. said its second-quarter normalized net income was a loss of 68 lipa per share, compared with a loss of 1.81 kuna per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of 429,780 kuna, compared with a loss of 1.2 million kuna in the year-earlier period.

The normalized profit margin climbed to negative 1.7% from negative 4.7% in the year-earlier period.

Total revenue climbed year over year to 25.7 million kuna from 24.7 million kuna, and total operating expenses totaled 25.3 million kuna, compared with 25.1 million kuna in the year-earlier period.

Reported net income totaled a loss of 687,650 kuna, or a loss of 1.08 kuna per share, compared to a loss of 1.8 million kuna, or a loss of 2.90 kuna per share, in the year-earlier period.

As of July 29, US$1 was equivalent to 6.89 kuna.