Metalac makes nearly RSD 156 million in nine months – Company's stock jumps to 16.9% during 2016

Gornji Milanovac-based holding Metalac has reported nine-month non-consolidated results of the parent company and its subsidiaries.

The parent company made RSD 648.6 million from January till September, whereas its net profit reached RSD 155.8 million.

Its most important production company, Metalac Posudje, made RSD 2.2 billion in revenues, with its gross profit amounting to RSD 238.3 million. The new production company Metalac-FAD also had a great gross result at RSD 35.2 million.

Regarding exporting companies, Metalac's operations in the Russian market have stabilized considerably. The subsidiary Metrot had an income of EUR 4.4 million, with gross profit reaching EUR 0.4 million, largely as a result of favorable exchange rates.

Metalac shares at the Belgrade Stock Exchange grew by 16.9% YTD, and the company's market capitalization at the latest price of RSD 1.432 amounts to RSD 2.9 billion (EUR 23.7 million), Wisebroker reports.

Metalac a.d. Gornji Milanovac

Metalac Bojler Gornji Milanovac

Metalac Fad Gornji Milanovac

Metalac Posuđe Gornji Milanovac

Beogradska berza a.d. Beograd

Metalac revenues

Metalac profit

Metalac Posudje

Metalac FAD

Metrot

Belgrade Stock Exchange