Dukat achieved a net profit of 72.9 million kuna last year, which is 14.4 percent higher than the previous year, according to data from the financial report of this dairy industry.
According to the report, Dukat’s business revenues last year amounted to 1.64 billion kuna, which is 2.3 percent less than in 2014, while business expenses fell by 1.5 percent to 1.6 billion kuna.
Dukat highlights that sales revenues last year amounted to 1.63 billion kuna and were slightly reduced by 0.4 percent compared to the previous year.
The decline in sales revenue was influenced by a decrease in the domestic market, which accounts for 88.9 percent of total sales revenue. Sales revenue in the domestic market amounted to 1.45 billion kuna, representing a year-on-year decrease of 3.1 percent.
At the same time, sales revenue in international markets increased by 27.6 percent to 181.5 million kuna.
“During 2015, the external environment was marked by the continuation of unfavorable economic and sectoral trends from the previous period. At the same time, the period was characterized by the continuation of long-term management activities in the area of optimizing business processes and operating costs, as well as increasing efficiency at all levels of the company’s operations,” states the management of Dukat in explaining the business results.
