The business results of the Kraš Group in the first half of 2021 confirm that despite all the current challenges, we continue to record continuous development and the continuation of the growth trend in all business segments.
"Doing business in the uncertain conditions of a pandemic is a special challenge, and achieving significant business success and growth in all categories, despite difficult circumstances, brings a particular pleasure. The key to our results is primarily the contribution of all employees of the entire Kraš Group, for which I thank them. This year, Kraš is celebrating 110 years of business, and a special responsibility requires us to work harder to strengthen the business. Increasing competitiveness in the domestic and foreign markets, improving production and satisfaction of end consumers, workers and shareholders are still imperatives of our business", said Slavko Ledić, President of the Management Board of Kraš.
The Kraš Group generated a net profit of HRK 21.9 million in the first half of 2021, an increase of HRK 8.6 million or 64.2% over the same period in 2020. Consolidated revenue reached HRK 488.2 million, up by HRK 30.4 million or 6.6%, with sales revenue totaling HRK 481.4 million. Sales revenue increased by 15.8% to HRK 257.7 million on the domestic market and by 9.1% to HRK 220 million on the foreign markets. Expenditure increased by 4.2% to HRK 461.1 million.