Increase of income and profitability of Sevojno-based Jedinstvo - In the first six months 2017, earnings of RSD 67,9 m

Production and assembly company Jedinstvo from Sevojno published consolidated results for the first six months, during which realization and profitability was generated.

Consolidated revenues in this period jumped almost 15% to RSD 3.2 billion while business profit increased 2.6 times to RSD 121.4 m. Due to larger other expenditures and partly deteriorated financial results, consolidated profit increased only 27.1% to RSD 67.9 m.

Consolidated results of Jedinstvo comprise parent company and its dependent companies, among which there is a road company from Novi Pazar road taken over last year.

At the beginning of the year, Jedinstvo had contracted more than EUR 30 m of work while according to announcements of state officials in September, a contract for construction of a de-sulphurization plant in TENT worth nearly EUR 200 m should be signed, in which Jedinstvo cooperates with Japanese company Mitsubishi-Hitachi, Wisebroker reports.

MPP Jedinstvo Sevojno a.d. Sevojno

Novi Pazar put d.o.o. Novi Pazar

profit of Jedinstvo

income of Jedinstvo

profit Jedinstvo

Jedinstvo action

the desertification plant

TENT

Mitsubishi Hitachi