April 23 (SeeNews) - Montenegrin construction company Lovceninvest [MNG:LOIN] said on Tuesday that it recorded a net profit of 417,005 euro ($444,820) in the first quarter of 2024, versus a net loss of 23,758 euro in the like period of last year.
Lovceninvest’s sales revenue soared to 502,382 euro in the first quarter of 2024 from 4,898 in same period of last year, while operating costs went up 11.4% to 31,922 euro, the company said in a filing with the Montenegro Stock Exchange.
Lovceninvest’s capital is composed of 82,280 shares with a nominal price of 11.2484 euro apiece.
($ = 0.9374 euro)