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Kraš collected part of the receivables from Agrokor, awaiting the outcome of the settlement

Kraš reported on Thursday that their total receivables from Agrokor amounted to 27 million kuna, of which part has been collected, while the remainder is awaiting the outcome of the settlement.

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– The total receivable of Kraš from the Agrokor system amounted to 27 million kuna, of which part has been collected, while we are waiting for the outcome of the settlement, states Kraš in a brief announcement on the Zagreb Stock Exchange.

Otherwise, Kraš Group achieved a pre-tax profit of 8.5 million kuna in the first half of this year, which is an increase of 15.4 percent compared to the same period last year, while net profit amounts to 6.7 million kuna, which is 27.2 percent higher.

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The group achieved consolidated total revenues of 450 million kuna in the first six months, which is 1.8 percent less than in the same period last year. In total revenues, sales revenues amounted to 444.5 million kuna, of which sales revenues in the domestic market amounted to 240.5 million kuna.