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Slovenia's Krka reports 31.5 pct fall in net profit
March 2, 2017 / 11:23 AM / 9 months ago

Slovenia's Krka reports 31.5 pct fall in net profit

LJUBLJANA, March 2 (Reuters) - Generic drug producer Krka , Slovenia’s largest listed company, reported a 31.5 percent fall in 2016 group net profit on Thursday despite a rise in sales.

Net profit fell to 108.4 million euros ($114.1 million) from 158.2 million while sales advanced to 1.17 billion euros from 1.16 billion, it said in a statement.

$1 = 0.9500 euros Reporting by Marja Novak and Maja Zuvela; editing by Jason Neely

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