Confectionery maker Kras Group posts €4.8m net profit in Q1-Q3 2022

Croatia's largest chocolate and confectionery maker, Kras Group, reported a 36.2 million kuna (€4.8 million) net profit over the first nine months of 2022, or 6.1 percent up from the same period in 2021, the company said on Friday.
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The group's total revenues from January to September amounted to 824.9 million kuna (€109.5 million), or 8.7 percent up year-on-year. Expenses increased by 8.8 percent to 780.9 million kuna (€104.8 million).
Sales revenues totaled 808 million kuna (€108.4 million), "other business revenues" 10.8 million kuna (€1.4 millionn), and financial revenues to 6.1 million kuna (€820,000).
Domestic sales revenue increased by 10.1 percent to 443.4 million kuna (€59.5 million), while foreign sales revenue rose by 6.4 percent to 357.1 million kuna (€48 million).
(€1 = 7.53 kuna)
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