Consolidated sales of Jedinstvo jump by 52% in first half of 2016

Jedinstvo Sevojno has reported consolidated results for the first six months, which encompass the parent company and 12 subsidiaries, among which are the recently formed branches in B&H and K&M.

The company's consolidated sales in the January-June period reached RSD 2.8 billion, an increase of 52.1% relative to the corresponding period of 2015.

Unlike in 2015, when an operating loss was recorded incurred, this year, an operating result of RSD 46.3 million was made. The net profit amounted to RSD 53.4 million compared to a net loss of RSD 166.1 million in the corresponding period of 2015.

Jedinstvo's performance at Belex was one of the worst in the first six months, with a negative YTD change of 20.6%. At the current price of RSD 4,050, the company's market capitalization is RSD 1.2 billion (around EUR 10 million), Wisebroker reports.

MPP Jedinstvo Sevojno a.d. Sevojno

Jedinstvo Sevojno

Jedinstvo sales

Jedinstvo loss

Jedinstvo shares

Jedinstvo profit