May 13 (SeeNews) - Serbian blue-chip cookware manufacturer Metalac [BEL:MTLC] recorded a net profit of 4.8 million dinars ($42,400/40,700 euro) in the first quarter of 2022, down from 9.6 million dinars in the like period of last year, it said on Friday.
The company's revenue rose 22.5% on the year to 271.4 million dinars in January-March, while total expenses went up 25.1% to 266.6 million dinars, Metalac said in a bourse filing.
Following are details of the financial performance of Metalac (in millions of dinars):
|
Q1'22 |
Q1'21 |
Operating revenue |
269.8 |
221.5 |
Operating costs |
255 |
203.5 |
Net profit |
4.798 |
9.598 |
(1 euro = 117.562 dinars)