Medika, d.d. Announces Resignation of Matko Bolanca as Supervisory Board Member, Effective as of May 15, 2013; Reports Unconsolidated and Consolidated Financial Statements for the Year Ended December 2012
March 31, 2013 at 01:25 pm EDT
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At meeting of Supervisory Board of Medika, d.d. held on March 28, 2013, the board discussed the election of new Supervisory Board member since Mr. Matko Bolanca resigned from the position of Supervisory Board member. Resignation of Mr. Matko Bolanca is effective as of May 15, 2013.
The company reported unconsolidated and consolidated financial statements for the year ended December 2012. In 2012, the company realised total unconsolidated income in amount of HRK 2,176 million, while in the previous year total unconsolidated income amounted to HRK 2,100 million, which is HRK 76 million higher comparing to the previous year. Net profit amounts to HRK 34.4 million, which is for HRK 22.0 million higher comparing to the previous year.
The Group in 2012 realised total income in amount of HRK 2,276 million, while in the previous year total consolidated income amounted to HRK 2,190 million, which is HRK 86 million higher comparing to the previous year. Net profit amounts to HRK 48.3 million, which is for HRK 29.9 million higher comparing to the previous year.
Medika dd is a Croatia-based joint stock company engaged in the pharmaceutical sector. The Companyâs principal activity is the wholesale distribution of pharmaceutical products, such as human and veterinary drugs, medical equipment and supplies, dietetic, cosmetic, hygienic, dental and other products. The Companyâs distribution channel comprises, among others, pharmacies, which include private and local self-government pharmacies, and hospitals include clinical, general and special hospitals. As of December 31, 2011, the Company was a parent entity of Medica Group, consisting six subsidiaries, such as ZU Ljekarne Prima Pharme, Primus nekretnine doo, ZU Ljearna Delonga, ZU Ljekarna Ines Skoko, ZU Ljekarna Atalic and Ljekarna Dragica Blagus Vicanovic.
Medika, d.d. Announces Resignation of Matko Bolanca as Supervisory Board Member, Effective as of May 15, 2013; Reports Unconsolidated and Consolidated Financial Statements for the Year Ended December 2012
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