Port of Adria, a Bar-based cargo-handling company, reported net profit of 652,376 euros for the first nine months of 2026, after a loss of 396,453 euros in the same period of 2025. The company handles, loads, unloads and stores cargo.
Sales revenue increased 30.9% to 10.81 million euros from 8.26 million euros. Operating revenue reached 10.91 million euros, including 102,112 euros in other operating income, compared with 8.38 million euros a year earlier. Operating profit rose to 2.70 million euros from 1.09 million euros.
Operating costs grew to 4.04 million euros from 3.46 million euros, while salaries, compensation and other personnel expenses reached 4.17 million euros, up from 3.81 million euros. Expenses for interest, exchange-rate differences and other effects of hedging agreements totalled 1.99 million euros, compared with 1.66 million euros. The company paid 4.39 million euros in interest, against 304,745 euros in the same period last year.
Negative cash flow from operations was offset by net cash inflows of 6.18 million euros from financing activities. Investment activities generated an outflow of 724,400 euros. Total cash increased by 3.70 million euros to 5.79 million euros at the end of September, from 2.09 million euros at the end of 2025.
Total assets stood at 69.42 million euros at the end of September 2026, compared with 65.55 million euros at year-end 2025. Equity was 30.77 million euros, while long-term liabilities rose to 33.04 million euros from 18.12 million euros. Short-term liabilities fell to 5.40 million euros from 17.14 million euros. Port of Adria had 245 employees at the end of September.
