From January to June 2017, companies in the KONČAR Group generated a consolidated income from the sale of goods and services in the amount of HRK 1,242.7 million, which is comparable to the income generated in the same period of 2016.
The first half of 2017 was characterized by an increase in income from export sales of goods and services in comparison with the same period of 2016. Export sales increased by HRK 121.9 million or 20.6 percent. In comparison with the period from January to June 2016, income from sales in the domestic market decreased by HRK 125.4 million or 19.2 percent.
The Group generated an operating income in the amount of HRK 1,332.2 million, which corresponds to a 2.1 percent increase in comparison with the period from January to June 2016. The share of income from the sale of goods and services in the total operating income stood at 93.3 percent. Operating expenses in the same period amounted to HRK 1,300.5 million. The difference between operating income and operating expenses resulted in a HRK 31.7 million profit from operating activities.
Income from the sale of goods and services amounted to HRK 527.7 million in the domestic market and 714.9 million in the foreign market, which corresponds to a 20.6 percent increase from the amount generated in the same period of 2016. Income from exports participated in the total income from the sale of goods and services with 57.5 percent.
The most significant foreign markets were as follows: Sweden (HRK 112.6 million or 15.7 percent of total exports), Germany (HRK 91 million or 12.7 percent of total exports), Finland (HRK 43.9 million), Austria (HRK 38.9 million), and Bosnia and Herzegovina (HRK 30.9 million).
For more information on the business activities of KONČAR Group from January to June 2017 click here.