August 14 (SeeNews) - Serbian blue-chip cookware manufacturer Metalac [BEL:MTLC] has said its net profit fell 28.4% on the year to 115.3 million dinars ($1.1 million/977,000 euro) in the first half of 2018.
Operating revenue rose 3.5% on the year to 476.9 million dinars in January-June, while operating costs edged up 0.9% to 436.6 million dinars, Metalac said in a bourse filing on Tuesday.
Sales revenue increased by 12.4% to 259.1 million dinars.
Following are details of the financial performance of Metalac (in millions of dinars):
|
H1'18 |
H1'17 |
Operating revenue |
476.9 |
460.8 |
Operating costs |
436.6 |
432.5 |
Net profit |
115.3 |
161.0 |
(1 euro = 118.018 dinars)