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Serbia's Energoprojekt net profit plunges in 2023

May 9, 2024, 11:57:14 AMArticle by Djordje Jajcanin
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May 9 (SeeNews) - Serbian civil engineering group Energoprojekt [BEL:ENHL] said on Thursday that its net profit dropped to 246.5 million dinars ($2.3 million/2.1 million euro) in 2023, from 1 billion dinars in the previous year.

Serbia's Energoprojekt net profit plunges in 2023
Source: Energoprojekt Holding

Revenue rose to 325.6 million dinars in 2023 from 323 million dinars a year earlier, while operating costs rose 10.3% to 384 million dinars, Energoprojekt said in a bourse filing.

Energoprojekt shares last traded on May 7, closing flat at 375 dinars.

Following are details from Energoprojekt's non-consolidated financial performance (in millions of dinars unless otherwise stated):

2023 2022
Revenue 325.536 323.024
Operating costs 383.984 348.006
Net profit 246.481 1.001 bln

(1 euro = 117.138 dinars)

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