Luka Rijeka reported a loss of 2.29 million kuna in nine months

Luka Rijeka reported a consolidated loss of 2.29 million kuna in the first nine months of this year, compared to a profit of 1.96 million kuna during the same period last year, while total cargo traffic decreased by 12 percent to 2.75 million tons, according to data from the nine-month report published by Luka Rijeka.

According to the consolidated financial report, which includes the parent company Luka Rijeka as well as the companies Luka prijevoz and Stanovi, total revenues in the first nine months of this year amounted to 123.9 million kuna, which is 10 percent less than in the same period last year, while total expenses decreased by 7 percent to 126.2 million kuna. Thus, the loss before tax amounted to 2.29 million kuna, while a profit of 1.96 million kuna was achieved in the same period last year.

Luka Rijeka d.d. itself, as shown by the unconsolidated report, also recorded a loss in nine months amounting to 7.48 million kuna, compared to a profit of 1.05 million kuna in the nine months of last year. Luka Rijeka also recorded a stronger decline in total revenues compared to total expenses, with revenues falling by 13 percent to 118.5 million kuna, while expenses decreased by 7 percent to 126 million kuna.

According to the report, a total of 2.75 million tons of cargo was transshipped at the terminals of Luka Rijeka and the associated company Adriatic Gate Container Terminal (AGCT) in nine months, which is 12 percent less compared to the same period last year, influenced by a decline in general and bulk cargo traffic, while container traffic increased.

Specifically, the traffic of Luka Rijeka itself in the first nine months amounted to 1.5 million tons, a decrease of 26 percent compared to the same period last year. A decline was also recorded in the transshipment of general cargo, down by 12 percent to 744.2 thousand tons, and even more in the transshipment of bulk cargo, down by 36 percent to 758.7 thousand tons.

In contrast, at the Brajdica container terminal, where AGCT operates, 1.25 million tons of cargo or 137,150 container units were transshipped, which is 14 percent more than in the first nine months of last year.