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Fortenova sells agri unit to Podravka for 333 mln euro
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Serbian cookware maker Metalac Q1 net profit soars

Apr 26, 2024, 11:02:40 AMArticle by Djordje Jajcanin
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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.

Serbian cookware maker Metalac Q1 net profit soars
Author: ZK-Termochem. License: All rights reserved.

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)

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