September 21 (SeeNews) - Serbian industrial gases producer Messer Tehnogas' [BEL:TGAS] net profit increased to 1.13 billion dinars ($10.4 million/9.6 million euro) in the first half of 2023, from 734 million dinars in the prior-year period.
The company's revenue increased by 41.8% year on year to 7.8 billion dinars, while operating expenses rose 29.5% to 5.7 billion dinars, Messer Tehnogas said in a filing with the Belgrade Stock Exchange on Wednesday.
The company shares last traded on the Belgrade Stock Exchange on September 20, closing 0.18% lower at 16,969 dinars.
Following are details from Messer Tehnogas' consolidated financial performance (in billions of dinars):
|
H1 '23 |
H1 '22 |
Operating costs |
5.735 |
4.349 |
Revenue |
7.764 |
5.549 |
Net profit |
1.131 |
0.734 |
1 euro = 117.177 dinars