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Montenegrin wine maker Plantaze 9-mo cons net profit jumps 64%

Nov 16, 2012, 10:42:01 AMArticle by Valentina Dimitrievska
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November 16 (SeeNews) - Montenegrin state-controlled wine producer Plantaze said its consolidated net profit jumped to 1.146 million euro ($1.5 million) in the first nine months of 2012 from 697,678 euro a year earlier.

Montenegrin wine maker Plantaze 9-mo cons net profit jumps 64%

Operating income fell to 26.9 million euro in the first nine months from 27.2 million a year ago, while operating costs edged down to 25.9 million euro from some 26.0 million euro, Plantaze said in a consolidated financial statement filed on Thursday with the Montenegro Stock Exchange.

($=0.7849 euro)

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