November 1 (SeeNews) - Montenegrin state-controlled wine producer 13 Jul-Plantaze [MNG:PLAP] said its net profit fell to 320,229 euro ($372,737) in the first nine months of 2017 from 344,114 euro in the prior-year period.
The revenue of the company went up to 22.3 million euro from 20.5 million euro, while operating costs rose to 21 million euro from 19.3 million euro, 13 Jul-Plantaze said in an interim financial statement filed with the Montenegro Stock Exchange.
Operating loss widened by 16.7% on the year to 1.4 million euro in the first nine months of 2017, 13 Jul-Plantaze said.
Following are details on 13 Jul-Plantaze's financial performance (in millions of euro):
| |
9-mo'17 |
9-mo'16 |
| Operating costs |
20.955 |
19.269 |
| Revenues |
22.326 |
20.455 |
| Operating profit |
1.371 |
1.186 |
| Net profit |
0.320 |
0.344 |
($ = 0.859128 euro)