Zemun-based building company Planum expects revenues worth 1.3 billion dinars

Zemun-based building company Planum has announced the business plan for the second half of this year, which envisages total revenues in amount of 900 million dinars and the net profit of 40 million dinars.

This company exceeded its modest plan for the first six months by registering incomes of 386.8 million dinars and the net profit of 9.3 million dinars.

The management of this company, of which shares have not been much of the subject of trading on the Belgrade Stock Exchange over the last few years, expects a stagnation in the operations compared to the previous year when an abrupt drop in activities was registered.

Planum's business revenues in 2009 amounted to 1.3 billion dinars, 66% less than in 2008, while the net profit totaled 17.5 million dinars, 33.8% less than in 2008.

Planum's market capitalization at the current price of RSD 700 per share amounts to less than RSD 290m (2.7 million euros).