August 17 (SeeNews) - Serbian blue-chip cookware manufacturer Metalac [BEL:MTLC] said on Friday its consolidated net profit fell 10.9% on the year to 307.5 million dinars ($3 million/2.6 million euro) in the first half of 2018.
Consolidated revenue rose 12.6% to 4.7 billion dinars in January-June, while operating costs went up 13.8% to 4.4 billion dinars, Metalac said in a bourse filing.
Following are details of the consolidated financial performance of Metalac (in millions of dinars unless otherwise stated):
|
H1'18 |
H1'17 |
Operating revenue |
4.706 bln |
4.179 bln |
Operating costs |
4.393 bln |
3.860 bln |
Net profit |
307.5 |
345.1 |
The company said in a separate filing earlier this week its non-consolidated net profit fell 28.4% on the year to 115.3 million dinars in the first half of 2018.
(1 euro = 117.947 dinars)