trending Market Intelligence /marketintelligence/en/news-insights/trending/BhF4rJ3iab8O08Mu5ZXUBw2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Varteks Q3 loss widens 24.7% YOY

Mining Exploration Insights – September 2020

Industries Most and Least Impacted by COVID-19 from a Probability of Default Perspective – September 2020 Update

Complying with International Financial Reporting Standard IFRS 9

Simplifying The Assessment of Company Fundamental Data

Varteks Q3 loss widens 24.7% YOY

Varteks d.d. said its normalized net income for the third quarter amounted to 4.5 million kuna, compared with a loss of 3.6 million kuna in the prior-year period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin dropped to negative 11.9% from negative 6.1% in the year-earlier period.

Total revenue declined 36.7% year over year to 37.1 million kuna from 58.6 million kuna, and total operating expenses decreased 32.6% from the prior-year period to 42.4 million kuna from 62.9 million kuna.

Reported net income totaled a loss of 7.1 million kuna, compared with a loss of 5.7 million kuna in the year-earlier period.

As of Oct. 28, US$1 was equivalent to 6.87 kuna.