In 2015, profit of Alfa plam remains stable, revenue increase by 14%

Source: eKapija Monday, 04.04.2016. 10:52
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Manufacturer of ovens and stoves, Alfa plam, published for 2015, net profit of RSD 761,2 m, which is slightly less than RSD 765 m generated in 2014, Wisebroker reports .

Company's revenue increased by 13.7 % to 5.2 billion dinars but this positive move was annulled with a bit lower profitability, a fall of financial profit and a bit higher tax so thus final result expansion was left out.

Financial position of the company remained stable since debt has still been at a very low level.

Since the beginning of the year, company's shares recorded a growth of 3.2%, after the fact that in the ast in the previous two years they were the strongest part of Belex15 index.



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