Koncar Elektroindustrija announced consolidated earnings results for the first half ended June 2018. The company reported consolidated net profit of the Koncar Group declined 4.6% on the year to HRK 35.9 million ($5.7 million or EUR 4.9 million) in the first half of 2018. The group's consolidated operating income dropped 3.0% to HRK 1.29 billion in the January-June period. The company's sales revenue reached HRK 1.20 billion in the first half, down 3.1% from last year. Sales abroad contributed 58% to total sales revenue.