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Serbia's Galenika Fitofarmacija net profit rises 4.2% y/y in H1 - table

Aug 14, 2017, 12:11:10 PMArticle by Radomir Ralev
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August 14 (SeeNews) - Serbian blue-chip agricultural chemicals producer Galenika Fitofarmacija [BEL:FITO] has said its net profit rose 4.2% on the year to 1.254 billion dinars ($12.4 million/10.5 million euro) in the first half of 2017.

Serbia's Galenika Fitofarmacija net profit rises 4.2% y/y in H1 - table
Source: Serbian Privatisation Agency

The company's operating income grew by an annual 9.3% to 3.407 billion dinars while operating costs rose 10.4% to 2.228 billion dinars, the data, published on the corporate website on Friday, showed.

The pre-tax profit grew by 5.8% to 1.325 billion dinars and operating profit went up 7.2% to 1.179 billion dinars.

Details follow (in billions of dinars):

H1'17 H1'16
Net profit 1.254 1.203
Pre-tax profit 1.325 1.252
Operating profit 1.179 1.100
Operating income 3.407 3.118
Operating costs 2.228 2.018

(1 euro = 119.503 dinars)

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