Net profit of NIS totals EUR 118 m

Source: eKapija Thursday, 25.02.2016. 15:10
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(Photo: nis.rs)
In 2015, the Oil Industry of Serbia (NIS) generated in 2015, net profit of RSD 14,6 billion (118,2 mil EUR), while profit before taxation and depreciation (EBITDA) totaled RSD 46,5 billion (376,5 mil EUR), the company has announced today.

Although financial indicators are lower than in 2014, they are much more than planned for 2015, taking into an account fall of crude oil prices, NIS stated.

Business results, as specified, have mainly been affected by fall of oil prices at the world market of almost 50% and negative effect of exchange rates which in 2015 2015 totaled RSD 8,1 billion.

Also, for the third year in in a row, NIS last year paid dividends to shareholders totaling RSD , 7,6 billion which is 25% net company profit from 2014.

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