INA Group revenues down 21 pct, net profit drops 83 pct

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The INA Group in 2015 generated sales revenues in the amount of HRK 18.86 billion which is 21% less than in 2014, while the Group’s net profit dropped by 83% to 58 million, according to the financial statement issued by this oil company on Wednesday.

According to the statement, the company’s Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) amounted to HRK 2.95 billion, up 10% on the year. Current Cost of Supplies (CCS) EBITDA was HRK 3.67 or 9% more that in 2014.

Net profits totalled HRK 58 million or 83% less than the year before.

(Hina) its

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