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Serbia's Jedinstvo 9-mo profit drops 28% - table

Nov 15, 2022, 4:00:15 PMArticle by Djordje Jajcanin
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November 15 (SeeNews) - Serbian blue-chip construction company Jedinstvo [BEL:JESV] said its consolidated net profit dropped to 157.5 million dinars ($1.4 million/1.3 million euro) in the nine months through September, down 28% year-on-year.

Serbia's Jedinstvo 9-mo profit drops 28% - table
Source: Jedinstvo

The company's revenue decreased 31% on the year to 4.2 billion dinars, and its operating costs went down 30% to 4.23 billion dinars, Jedinstvo said in a bourse filing on Tuesday.

Revenues from the sale of products and services on the domestic market decreased to 7.7 million dinars from 42 million dinars in the like period of last year.

Following are details of Jedinstvo's financial performance (in millions of dinars):

9-mo'22 9-mo'21
Revenue 4,291 6,222
Operating profit 62.3 156.8
Net profit 157.5 218

($ = 112.875)

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