Jedinstvo Sevojno reports H1 2015 loss of RSD 219.4 million

Jedinstvo Sevojno has reported an unconsolidated net loss of RSD 219.4 million for the first six months of this year. In the same period last year, the company's turned a net profit of RSD 22.7 million.
The unconsolidated revenue of the company is down 24.8%, whereas the expenditures remained at a similar level as the previous year, which is the main reason for the occurrence of business loss of RSD 216.8 million.
This trend of H1 results could be under the influence of the dynamics of works and payments, so it is too early to conclude that Jedinstvo Sevojno will end the year 2015 with a loss and much worse performance than the last year.
By the way, this company has scheduled an extraordinary general meeting for August 17th, at the order of the Commercial Court in Uzice.

MPP Jedinstvo Sevojno a.d. Sevojno