Dalmacijacement Q1 2006 profits rise, Croatia

Dalmacijacement Q1 2006 profits rise, Croatia
Published: 19 May 2006

Croatian cement producer Dalmacijacement, part of Cemex, posted a consolidated net profit of 16.2 mln Croatian kuna (US$2.8m) in the first quarter of 2006, up 165 per cent from 6.1 mln kuna (US$1.0m) in the corresponding period of 2005, it was reported on May 18, 2006.
 
Total revenue stood at 189.8 mln kuna (US$33.3m) for January to March 2006, compared to 154.1 mln kuna (US$27m) in the first quarter of 2005, and total costs amounted to 169.6 mln kuna (US$29.8m) in the period, up from 148 mln kuna (US$26m) a year earlier.