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Slobodna Dalmacija reports a loss of 10.45 million kuna

The net loss of Slobodna Dalmacija in the first nine months of this year amounted to 10.45 million kuna, which is a multiple increase compared to the same period last year when the loss was 1.28 million kuna, according to data from the financial report of “Slobodna” published on the Zagreb Stock Exchange.

At the level of operating profit, the publishing sector of Slobodna Dalmacija operates at a profit, while the printing services sector operates at a loss, the Management’s commentary states. The total revenues of the company in the first nine months of this year amounted to 171.28 million kuna, an increase of 3.1 percent. Domestic sales revenues recorded a growth of 3.3 percent, reaching 162.6 million kuna, while foreign sales revenues decreased by 8.3 percent to 4.59 million kuna. Financial revenues increased from 597 thousand kuna to 1.6 million kuna, while extraordinary revenues decreased by 23.3 percent to 2.4 million kuna.

Total expenses of Slobodna Dalmacija in the first nine months of this year compared to the same period last year increased by 8.5 percent to 181.74 million kuna. Business expenses rose from 161.5 million kuna to 173.9 million kuna, and financial expenses increased from 3.2 million kuna to 7.8 million kuna. At the same time, extraordinary expenses decreased from 2.8 million kuna, which was the amount in the first nine months last year, to 224 thousand kuna in the same period this year. The Management’s commentary notes that expenses grew faster than revenues, influenced by the relocation to Dugopolje, costs of trial production, and the correction of receivables from companies that went bankrupt.  (H)