Ingra reported earnings results for the first quarter ended March 2018. For the quarter, the company reported consolidated net loss of HRK 4 million ($649,335/€540,060) in the first quarter of 2018, compared with a net profit of HRK 10 million in the prior-year period. Revenue dropped 32% year-on-year to HRK 32 million, while sales revenue fell 40% to HRK 15 million in the three months through March. The decrease in sales revenue is the result of reduced activity in the construction of a hospital in Algeria, due to the financial difficulties faced by Ingra's main partner in the project.