April 27 (SeeNews) - Serbian metal parts manufacturer Jedinstvo Metalogradnja [BEL:JMSE] said its net profit rose by 16.8% in 2021.
Net profit reached 28.4 million dinars ($256,000/241,200 euro), as compared to 24.3 million reported in 2020, the company said in a financial report to the Belgrade Stock Exchange on Tuesday.
Jedinstvo Metalogradnja's revenues increased by 83% to 879.5 million dinars, with 845.2 million dinars coming from sales on the domestic market.
Expenses added 87% to reach 846 million dinars in 2021.
Jedinstvo Metalogradnja is majority-owned by Serbian construction company Jedinstvo [BEL:JESV], which holds a 52.83% stake.
(1 euro = 117.590 dinars)