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PODRAVKA REALISES US9.7 NET EARNINGS MILLION IN 1998

ZAGREB, April 16 (Hina) - The Croatian food processing group Podravka, which includes the pharmaceutical company Belupo, in 1998 made net earnings of US$9.7 million, which is 223.8 per cent more than in 1997, the Podravka management board said on Friday. The total realised income has increased by 8.1 per cent in relation to 1997 and it amounts to US$372.8 million, while sales went up 8.86 per cent. The share of sales on the domestic market was 56 per cent, while the rest was realised on foreign markets, particularly in central and eastern European countries.(hina) it jn/lml
ZAGREB, April 16 (Hina) - The Croatian food processing group Podravka, which includes the pharmaceutical company Belupo, in 1998 made net earnings of US$9.7 million, which is 223.8 per cent more than in 1997, the Podravka management board said on Friday. The total realised income has increased by 8.1 per cent in relation to 1997 and it amounts to US$372.8 million, while sales went up 8.86 per cent. The share of sales on the domestic market was 56 per cent, while the rest was realised on foreign markets, particularly in central and eastern European countries. (hina) it jn/lml

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