trending Market Intelligence /marketintelligence/en/news-insights/trending/wwKEDMyNJuyBja6tjIXpuA2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

Atlantic Grupa Q1 profit climbs 6.1% YOY

Blog

Minimizing Risk at a Bank with a Trade Intelligence Platform

Blog

2021 US broadband forecast lifted by rising digital home profiles

Blog

Q1 2021 Global Capital Markets Activity: SPAC IPOs, Issuance in Consumer Discretionary Sector Surge

Blog

Latin American and Caribbean Market Considerations Blog Series: Focus on IFRS 9


Atlantic Grupa Q1 profit climbs 6.1% YOY

Atlantic Grupa d.d. said its first-quarter normalized net income amounted to 10.71 kuna per share, a gain of 6.1% from 10.09 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 35.7 million kuna, an increase of 6.1% from 33.6 million kuna in the prior-year period.

The normalized profit margin rose to 3.1% from 2.9% in the year-earlier period.

Total revenue totaled 1.16 billion kuna, compared with 1.17 billion kuna in the year-earlier period, and total operating expenses came to 1.09 billion kuna, compared with 1.09 billion kuna in the year-earlier period.

Reported net income rose year over year to 45.3 million kuna, or 13.59 kuna per share, from 44.6 million kuna, or 13.37 kuna per share.

As of April 28, US$1 was equivalent to 6.62 kuna.