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State-owned marina chain ACI invests €3.2m in its projects in Q1 2022

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Hina , N1 Zagreb
22. tra. 2022. 15:23
ACI Marina Komolac, katamaran, aci marina, komolac
Grgo Jelavic/PIXSELL | Grgo Jelavic/PIXSELL

The state-owned network of marinas Adriatic Croatia International (ACI) said they invested "more than 24 million kuna" (€3.2 million) in "strategic and infrastructure projects" in its marinas at Dubrovnik, Trogir, Rab, Milna, Zut and Piskera in Q1 2022, the company said in a press release carried by state agency Hina on Friday.

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The company said its focus Q1 2022 was on "expanding the marina portfolio and developing further services," without clarifying.

In Q1 2022 ACI generated 35 million kuna (€4.6 million) in operating revenue, which was 2 million kuna (€265,000) up from Q1 2021. Earnings before taxes were 10.7 million kuna (€1.4 million), up from 9.4 million kuna (€1.2 million) in Q1 2021. The net loss for the period was 5.66 million kuna (€750,000). In Q1 2020 the loss was 7.41 million kuna (€1 million).

ACI said it had invested 44 million kuna (€5.8 million) in "strategic projects" last year. Hina did not clarify what these might refer to.

(€1 = 7.54 kuna)

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