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ENHL: Energoprojekt reports RSD 373.8m in 1H 2016 net profit, flat y/y
Source: eKapija
Tuesday, 16.08.2016.
09:30
Tuesday, 16.08.2016.
09:30
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Energoprojekt Holding (ENHL) reported RSD 373.9m in its 1H 2016 net profit, which is almost flat y/y.
The result was under influence of lower tax, higher other income and financial gain in the period. The company's sales for 1H arrived at RSD 14.6bn, down 9.8% y/y, while operating profit was reduced by 47.9% to RSD 304m, at first place on higher non-material costs (this incorporates insurance premiums, taxes, bank’s fees, non production costs and similar). The company’s backlog at the end of June stands at EUR 490m, while EUR 309m was planned to be contracted for the entire 2016 (EUR 165m already contracted in 1H16).
Source: Wisebroker
The result was under influence of lower tax, higher other income and financial gain in the period. The company's sales for 1H arrived at RSD 14.6bn, down 9.8% y/y, while operating profit was reduced by 47.9% to RSD 304m, at first place on higher non-material costs (this incorporates insurance premiums, taxes, bank’s fees, non production costs and similar). The company’s backlog at the end of June stands at EUR 490m, while EUR 309m was planned to be contracted for the entire 2016 (EUR 165m already contracted in 1H16).
Source: Wisebroker
Companies:
Energoprojekt Holding a.d. Beograd
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