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Montenegro's 13 Jul-Plantaze records 3.6 mln euro loss in H1 - table

Author Radomir Ralev
Montenegro's 13 Jul-Plantaze records 3.6 mln euro loss in H1 - table 13 Jul-Plantaze bottling line; Source: Montenegrin Government

PODGORICA (Montenegro), September 22 (SeeNews) - Montenegrin state-controlled wine producer 13 Jul-Plantaze [MNG:PLAP] recorded a net loss of 3.6 million euro ($4.2 million) in the first half of 2021, versus a 5.1 million euro net loss in the like period of last year, it said.

The revenue of the company went up 45.4% year-on-year to 7.1 million euro, while operating costs declined 14.3% to 5.35 million euro, 13 Jul-Plantaze said in an interim financial statement filed with the Montenegro Stock Exchange.

Following are details on 13 Jul-Plantaze's financial performance (in millions of euro):

H1'21 H1'20
Operating costs 5.351 6.243
Revenue 7.078 4.868
Net profit/loss -3.606 -5.068

($ = 0.852809 euro)

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