September 22 (SeeNews) - Slovenian chemicals company Melamin [LJSE:MKOG] said its net profit rose 88% on the year to 2.2 million euro ($2.6 million) in the first half of 2021, it said.
Net sales revenue went up 43% on the year to 32.3 million euro, the company said in a statement with the Ljubljana bourse on Tuesday.
Sales abroad accounted for 87% of total, with the largest market being Italy, which generated 24% of all sales.
According to the 2021 business plan, the company targets a 4% increase in sales revenue to 52.7 million euro, with exports reaching 88% of total sales. The pre-tax profit for the year is seen at 2.1 million euro, while investment is planned at 7.1 million euro this year.
( $= 0.84913 euro)