May 17 (SeeNews) - Serbian blue-chip construction company Jedinstvo [BEL:JESV] said that its net profit dropped 61% on an annual comparison basis to 75.6 million dinars ($674,200/643,500 euros) in the first quarter of 2022.
The company's revenue slipped 10.8% on the year to 1.29 billion dinars, and its expenses decreased by 2.9% to 1.21 billion dinars, Jedinstvo said in a bourse filing on Monday.
Revenues from the sale of products and services on the domestic market went down by 14.1% year over year to 1.23 billion dinars.
Following are details of Jedinstvo's financial performance (in millions of dinars unless otherwise stated):
|
Q1'22 |
Q1'21 |
Revenue |
1.286 bln |
1.441 bln |
Operating profit |
32.959 |
194.952 |
Net profit |
75.603 |
194.21 |
(1 euro = 117.493 dinars)