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Montenegro
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Fortenova sells agri unit to Podravka for 333 mln euro
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Montenegro-express Group 2023 net profit more than doubles

Mar 29, 2024, 4:49:36 PMArticle by Djordje Jajcanin
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March 29 (SeeNews) - Montenegrin real estate company Montenegro-express Group [MNG:MOEK] recorded a net profit of 71,275 euro ($76,969) in 2023, more than double from 27,098 euro posted in the previous year, it said on Friday.

Montenegro-express Group 2023 net profit more than doubles
Ken Teegardin/CC BY-SA 2.0

Revenues went up to 328,435 euro last year from 301,007 euro in 2022, whereas expenses grew to 110,056 euro from 104,833 euro, Montenegro-express Group said in an annual financial report posted on the website of the Montenegro Stock Exchange.

Montenegro-express Group's capital is composed of 20,023,692 shares with a nominal price of 0.3056 euro apiece. The company is listed on the free market segment of the Montenegro Stock Exchange.

($ = 0.9260 euro)

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