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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 Q1 net profit rises 49% y/y

Apr 22, 2024, 11:26:43 AMArticle by Djordje Jajcanin
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April 22 (SeeNews) - Montenegrin real estate company Montenegro-express Group [MNG:MOEK] recorded a net profit of 20,512 euro ($21,846) in the first quarter of 2024, up from 13,766 euro posted in the like period of the previous year, it said on Monday.

Montenegro-express Group Q1 net profit rises 49% y/y
Ken Teegardin/CC BY-SA 2.0

Revenues grew to 82,995 euro in the first three months of 2024 from 78,294 euro, whereas expenses fell to 15,900 euro from 29,946 euro, Montenegro-express Group said in an annual financial report posted on the website of the Montenegro Stock Exchange.

The company is listed on the free market segment of the Montenegro Stock Exchange.

$ = 0.9389 euro

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