The revenue of the company went up 20.9% on the year to 16.2 million euro while operating costs rose 2.6% to 15.8 million euro, Rudnik Uglja said in a financial statement filed with the Montenegro Stock Exchange.
Operating profit stood at 388,807 euro in the first half of 2017, versus a 2.04 million euro operating loss in the like period of 2016, Rudnik Uglja said.
Following are details of Rudnik Uglja's performance (in millions of euro):
H1'17 | H1'16 | |
Operating costs | 15.815 | 15.452 |
Revenue | 16.204 | 13.407 |
Operating profit | 0.389 | -2.045 |
Net profit/Net loss | 0.093 | -2.222 |
($ = 0.850774 euro)