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Nov 22, 2017 12:47 EEST
PODGORICA (Montenegro), November 22 (SeeNews) – Montenegrin blue-chip coal miner Rudnik Uglja [MNG:RUPV] said its net profit rose to 4.9 million euro ($5.8 million) in the first nine months of 2017 from 1.65 million euro in the respective period of last year.
The company's revenue went up 17.5% on the year to 29.6 million euro while operating costs rose 4.3% to 15.8 million euro, Rudnik Uglja said in a financial statement filed with the Montenegro Stock Exchange.
Operating profit stood at 5.2 million euro in the first nine months of 2017, up from 1.8 million euro in the like period of 2016, Rudnik Uglja said.
Following are details of Rudnik Uglja's performance (in millions of euro):
($ = 0.8501 euro)
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