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Tigar decreases loss in 2015 to RSD 152,9 m - Profit increases by 27%
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Pirot -based Tigar, which is in the restructuring process, announced
that last year it generated non-consolidated operating income of RSD 2.4
billion, which is 27.3 % more than the year before.
Operating profit grew by 48.7 % to RSD 153.1 m while the end result remained negative and totaled RSD 152.9 m .
In 2014, Tigar suffered a non-consolidated loss of RSD 849.1 m.
In the middle of last year, prepack plan of Tigar became effective and at the end of 2015, the company had a net debt of RSD 7.2 billion.
Companies:
Tigar a.d. Pirot
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