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Serbia's Kopaonik H1 net profit rises

Aug 18, 2022, 3:36:16 PMArticle by Senad Dedeic
share
August 18 (SeeNews) - Serbian building materials wholesaler Kopaonik [BEL:KOPB] said its consolidated net profit rose to 75.55 million dinars ($655,100/643,600 euro) in the first half of 2021 from 58.2 million dinars in the like period of last year.

Serbia's Kopaonik H1 net profit rises
Ken Teegardin/CC BY-SA 2.0

The company's revenue increased 5.5% on the year to 2.69 billion dinars, and its operating costs went up 4.3% to 2.55 billion dinars, Kopaonik said in a bourse filing earlier this month.

Revenues from the sale of products and services on the domestic market decreased to 2.61 billion from 2.48 billion dinars in the like period of last year.

Kopaonik shares traded at 14,000 dinars per share on the Belgrade stock exchange by 1500 local time.

(1 euro = 117.388 dinars)

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