Jedinstvo back to profitability in 9m 2015

Jedinstvo announced on Friday its non-consolidated quarterly and nine months financial results for 2015, in accordance with the Law on the capital market.

In the period January-September 2015, Jedinstvo returned to the path of profitability as a result of its huge profit margin in the third quater of the year. The Company posted 3Q 2015 net profit of RSD 257.1m RSD, which is an increase of three times compared to the same period last year. In the first nine months of 2015, Jedinstvo announced net profit of RSD 37.7m, down 65% compared to the same period of 2014.

In the January-September period of the current year, Jedinstvo has announced operating revenues of RSD 2.2bn compared to RSD 2.7bn posted in the same period last year.

Non-consolidated financial reports of the Company do not take into account financial results in its dependent companies in Russia, Slovenia, Montenegro and Serbia.