Kri-Kri Milk Industry S.A. Reports Audited Financial Results for the Year Ended Dec. 31, 2017
April 17, 2018
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Kri-Kri Milk Industry S.A. reported audited financial results for the year ended Dec. 31, 2017. For the year, the company reported sales of €79,246,189 against €66,570,168 for the last year. Profit before taxes, financial and investment income was €9,930,672 against €8,872,804 for the last year. Profit before taxes was €9,890,525 against €8,161,529 for the last year. Net profit for the period was €7,336,662 against €6,236,343 for the last year. Net profit per basic and diluted share from continuous operations was €0.2219 against €0.1886 for the last year. Cash flow from operating activities was €8,031,814 against €8,520,580 for the last year. Purchase of tangible and intangible assets was €6,003,386 against €3,884,248 for the last year.
Kri Kri Milk Industry SA is a Greece-based company principally engaged in the production and trade of ice cream, yogurt and milk. The ice cream production includes five product lines: Cones, Ice Cream Cups, Scoop Ice Cream, Sticks, and Ice Cream Sandwiches. The yogurt production includes five product lines: Plain, Traditional, Catering, Fruit, and flavored yogurt for children under the brand name Scooby Doo. The milk production includes four products: Full cream pasteurized milk 3.5% Fat, Semi-skimmed pasteurized milk 1.5% Fat, Chocolate skimmed milk 0% Fat, and AYRAN (KEFIR) KRI-KRI. The Company also offers some of its products in family packs. KRI-KRI Milk S.A. is also active in the Balkans region through 71%-owned subsidiary KRI-KRI DOO Kumanovo, in Macedonia which has an autonomous production line of ice cream and yogurt, warehouses and cooling chambers. In February 2013, the Company dissolved its subsidiary in Bulgaria, KRI KRI BULGARIA A.D.
KRI-KRI MILK INDUSTRY S.A. 
