INA reports big drop in H1 consolidated net profit.

摘要

The Croatian oil and gas firm said its consolidated net profit in H1 was down 93% from year-ago levels to 23.0MM kuna ($3.4MM), and net sales revenue declined by 32% to 6.3B kuna ($931.3MM). Commenting on the results Zoltan Aldott, president of INA's management board, said "The first half of 2016 was marked by the low Brent (price) of around $40 per barrel, significantly lower gas prices, as well as deteriorating refinery margins."