Business News

Luka Koper Group Net Profit Down 26% in 2013

Koper, 14 April (STA) - Port operator Luka Koper posted a group net profit of EUR 7.7m for 2013, a drop of 26% over the year before, even as net revenue rose 2% to EUR 144.2m, according to the company's annual report released on Monday.

The net profit has been revised from the January estimate of EUR 8.2m, while revenue has been slightly upgraded.

The company says the results have been affected by additional write-downs on real estate holdings.

Cargo transshipment rose by 1% year-on-year to 17.9 million tonnes.

In 2014 the company projects a 5% increase each in operating revenue and transshipment, and net profit of EUR 20.8m.

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