May 16 (SeeNews) - Serbian blue-chip construction company Jedinstvo [BEL:JESV] has said its net profit declined to 30.5 million dinars ($289,900/258,600 euro) in the first quarter of 2019 from 41.3 million dinars in the like period of the previous year.
The company's revenue increased 16.3% to 573.5 million dinars, and its operating costs grew 15% to 550.8 million dinars, Jedinstvo said in a bourse filing on Wednesday.
Revenues from the sale of products and services on the domestic market more than doubled to 551.6 million dinars from 237.4 million dinars.
Following are details of Jedinstvo's financial performance (in millions of dinars):
|
Q1'19 |
Q1'18 |
Revenue |
573.524 |
493.036 |
Operating profit |
22.74 |
14.078 |
Net profit |
30.492 |
41.25 |
(1 euro = 117.959 dinars)