April 26 (SeeNews) - Serbian blue-chip cookware manufacturer Metalac [BEL:MTLC] recorded a net profit of 5.3 million dinars ($45,233/48,540 euro) in the first quarter of 2024, up from 956,000 dinars in the like period of last year, it said on Friday.
The company's revenue rose 10.6% on the year to 325 million dinars in the first quarter, while total expenses went up 11.1% to 313 million dinars, Metalac said in a bourse filing.
Following are details of the financial performance of Metalac (in millions of dinars):
|
Q1 '24 |
Q1 '23 |
Revenue |
325 |
293.8 |
Operating costs |
313 |
281.8 |
Net profit |
5.283 |
0.956 |
(1 euro = 117.160 dinars)