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Imperial d.d. Q1 loss widens YOY

Imperial d.d. said its normalized net income for the first quarter was a loss of 12.98 kuna per share, compared with a loss of 12.60 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 a loss of 8.3 million kuna, compared with a loss of 8.0 million kuna in the year-earlier period.

Total revenue climbed 17.5% year over year to 700,210 kuna from 595,880 kuna, and total operating expenses climbed 5.0% on an annual basis to 15.1 million kuna from 14.4 million kuna.

Reported net income came to a loss of 13.2 million kuna, or a loss of 20.77 kuna per share, compared to a loss of 12.8 million kuna, or a loss of 20.17 kuna per share, in the year-earlier period.

As of April 25, US$1 was equivalent to 6.64 kuna.