Kolinska Increases Revenues and Profits

Ljubljana, 31 May - Food company Kolinska posted net sales revenues of SIT 4.36bn (EUR 18.2m) in the first quarter of this year, which was 3 percent above targets and 5 percent more than in the same period last year. The company's net profits amounted to SIT 322m (EUR 1.34m), up 87 percent compared to the first three months of 2003, the company said Monday.