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Medika's profit increase exceeds sales rise in first half

This article was originally published in Scrip

Executive Summary

Medika, one of Croatia's largest pharmaceutical wholesalers, says its net profit rose by 18% to Kn5.9 million ($1.3 million) in the first six months of this year, while sales grew by 4% to Kn1.05 billion. The company, which is headquartered in Zagreb, supplies pharmaceuticals, particularly OTC, homeopathic and dietetic products, sanitary products, and instruments for medicine.

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