November 7 (SeeNews) - Montenegrin state-controlled wine producer 13 Jul-Plantaze [MNG:PLAP] said it turned to a net loss of 1.5 million euro ($1.7 million) in the first nine months of 2019 from 336,000 euro profit in the like period of last year.
The revenue of the company went up to 22.2 million euro from 22 million euro, while operating costs grew to 22.3 million euro from 21.1 million euro, 13 Jul-Plantazesaid in an interim financial statement filed with the Montenegro Stock Exchange.
Following are details on 13 Jul-Plantaze's financial performance (in millions of euro):
|
9-mo'19 |
9-mo'18 |
Operating costs |
22.343 |
21.080 |
Revenues |
22.227 |
22.050 |
Net profit/loss |
-1.493 |
0.336 |
($ = 0.902227 euro)