Kri Kri S.A. Reports Unaudited Earnings Results for the Nine Months Ended September 30, 2018
November 28, 2018
Share
Kri Kri S.A. reported unaudited earnings results for the nine months ended September 30, 2018. For the nine months, the company's sales were EUR 78,080,436 compared to EUR 65,474,902 a year ago. Profit before taxes, financial and investment income was EUR 15,081,026 compared to EUR 10,902,666 a year ago. Net profit was EUR 10,576,800 compared to EUR 7,786,810 a year ago. Basic and diluted net profit per share from continuous operations was EUR 0.3199 compared to EUR 0.2355 a year ago.
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.