Growth of net profit at Sojaprotein continues

The biggest plant for soy processing in Serbia, Becej-based Sojaprotein, released consolidated business results for the first six months this year which show continuation of company recovery.

Business profit in this period totaled RSD 7, 4 billion which is a growth of 21,6% compared to the same period last year. Business expenditures increased also by 13% to RSD 6,5 billion which lead to business profit in the analyzed period which totaled RSD 858 m compared to last year’s 306 m.
Net profit in the observed period increased by 70,7% to RSD 781 m.

Current market company capitalization at the price of RSD 626 totals RSD 9,3 billion (app. EUR 77,6 m).