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Istrabenz Halves Q1 Profit

Koper, 30 May - Istrabenz, the Koper-based food, tourism and energy conglomerate, recorded a slump in operating revenues and profit in the first quarter of this year. While revenues were down 21% year-on-year to EUR 153.4m, net profit shrunk by 55% to EUR 0.7m, the company said on Wednesday.

Igor Bavcar, CEO of food, energy and tourism conglomerate Istrabenz at a press conference following the company's AGM.
Photo: Andrej Klemencic/STA

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