April 24 (SeeNews) - Philip Morris Operations [BEL:DINN], the Serbian subsidiary of tobacco company Philip Morris International (PMI), reported a net profit of 6.3 billion dinars ($57.5 million/53.8 million euro) in 2023, compared with a profit of 6.2 billion dinars in the previous year.
The company's revenue grew 8.3% on the year to 31.4 billion dinars while operating costs increased to 24.3 billion dinars from 21.7 billion dinars, the company said in a filing with the Belgrade Stock Exchange on Tuesday.
Philip Morris Operations' shares last traded on December 12, 2022 when they closed at 7,500 dinars.
Following are details from Philip Morris Operations' 2023 financial statement (in billions of dinars):
|
2023 |
2022 |
Operating costs |
24.337 |
21.689 |
Revenue |
31.396 |
28.897 |
Net profit |
6.301 |
6.221 |
1 euro = 117.179 dinars