Jedinstvo’s operations recover in 2016 – Revenues rise by 41%, profit by 5%

The Sevojno-based company Jedinstvo has published non-consolidated operating results for 2016, reporting the biggest sales since being listed at the Belgrade Stock Exchange.

Last year, Jedinstvo had a non-consolidated operating income of RSD 5.3 billion, a jump of 41.2% compared to 2015. Non-consolidated operating profit jumped by 38.4% to RSD 202.9 million, whereas net profit rose by 5% to RSD 155.1 million, due to slightly worse financial and other results.

Jedinstvo Group, which took over the road construction company Novi Pazar Put last year, has 12 subsidiaries, and the company’s consolidated results will be published by the end of April.

Jedinstvo’s shares jumped by 7.7% to RSD 4,512 last week, making for a market cap of RSD 1.4 billion (EUR 11.1 million), Wisebroker reports.

MPP Jedinstvo Sevojno a.d. Sevojno

Novi Pazar put d.o.o. Novi Pazar

Beogradska berza a.d. Beograd

Jedinstvo Sevojno

Jedinstvo revenues

Jedinstvo profit

Jedinstvo shares