AD Plastik Group achieved a net profit of 31.2 million kuna in the first nine months of this year, which is 3.5 percent less compared to the same period last year, primarily due to the realization of exchange rate differences from comprehensive income, according to the company’s financial report. The total revenues of the Group, which consists of AD Plastik d.d. Croatia, ADP d.o.o. Serbia, AD Plastik d.o.o. Slovenia, AO AD Plastik Vintai, Russia, and ZAO AD Plastik Kaluga Russia, amounted to 787.9 million kuna during the observed period, representing a decline of 13.4 percent.
Three-quarters of the total revenues generated by AD Plastik Group are realized in the EU and Serbian markets, specifically at the locations of Solin and Zagreb in Croatia and Mladenovac in Serbia, as stated in the report.
In the first nine months of this year, business revenues in the EU and Serbian markets were 2.9 percent lower compared to the same period last year, due to slightly lower orders from the customer Hella, along with the previously mentioned impact of the exchange rate when reporting realizations in kuna. The Group incurred total expenses of 756.6 million kuna in the first nine months of this year, a decrease of 13.7 percent.
