Source: eKapija | Wednesday, 31.08.2016.| 09:47
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Voda Vrnjci reports growth in sales and profit – Operating profit in first six months RSD 31.8 million

(Photo: Tim UR/shutterstock.com)
The Vrnjacka Banja-based bottled water producer Voda Vrnjci recorded a mild sales increase and a jump in profitability in the first six months, as seen in the company's financial reports.

The operating profit of Voda Vrnjci increased 2.2 times to RSD 31.8 million, whereas the company's net profit jumped by 89.8% to RSD 24.8 million.

Voda Vrnjci shares, managed by the company Eksrta-pet, are only sporadically traded at the Belgrade Stock Exchange, and the stock price is down by 23.6% YTD.

At the current price of RSD 4,200, the company's market capitalization amounts to RSD 482.1 million (EUR 3.9 million), Wisebroker reports.
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