Galenika Fitofarmacija Announces Earnings Results for the First Half of 2016
August 10, 2016 at 08:51 am EDT
Galenika Fitofarmacija announced earnings results for the first half of 2016. Net profit climbed 7.7% on the year to RSD 1.2 billion in the first half of the year. The increase resulted mainly from higher financial revenues and much lower financial costs, the data. The company's operating revenues grew by an annual 2.8% to RSD 3.1 billion. The operating profit was 10.3% higher, at RSD 1.1 billion. Financial revenue jumped 87% to RSD 68.5 million.