trending Market Intelligence /marketintelligence/en/news-insights/trending/bXYfflAAQhnJlpBnrnFI3w2 content esgSubNav
In This List

Badel 1862 d.d. swings to profit in Q2

Blog

Insight Weekly: Recession risk persists; Banks pull back from crypto; 2022 laggard stocks rally

Podcast

IR In Focus | Episode 1 - Digital Innovation to Drive Investor Engagement

The Cobalt Expansion Drive Is A Copper Story

Blog

Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage


Badel 1862 d.d. swings to profit in Q2

Badel 1862 d.d. said its normalized net income for the second quarter amounted to 2.4 million kuna, compared with a loss of 5.7 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 rose to 2.9% from negative 7.2% in the year-earlier period.

Total revenue rose 7.6% on an annual basis to 85.0 million kuna from 79.0 million kuna, and total operating expenses totaled 81.0 million kuna, compared with 80.8 million kuna in the prior-year period.

Reported net income came to 4.1 million kuna, compared with a loss of 9.1 million kuna in the prior-year period.

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