Metalac's net profit decreases

Source: Sinteza Invest Group Wednesday, 19.11.2014. 10:46
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(Photo: Metalac.com)

Gornji Milanovac-based Metalac published individual business results in the third quarter and for the first nine months current year.

In the last three months, business profit totaled RSD 182,1 m, while net profit was RSD 73,2 m. In cumulative figures,, after nine months this year, business profit generated minimal growth of 1% to RSD 560,1 m, compared to the same period last year.



On the other hand, net profit after three quarters this year decreased by 35,7%, from RSD 226,4 to 145,4 m. Shares of Metalac are traded at Standard listing of the Belgrade stock market.

According to the last share price of RSD 2.245, which has not changed for five trading days now, company’s market capitalization totals RSD 2,29 billion (nearly EUR 19 m).

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Metalac
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