Alfa Plam announced earnings results for the first nine months ended September 2016. For the period, the company announced net profit dropped 22.3% on the year to RSD 439.7 million ($3.8 million/€3.6 million) in the first nine months. Operating income rose 13.3% on the year to RSD 4.1 billion in the period January-September. Operating profit declined to RSD 415.1 million, from RSD 513.7 million a year earlier. Sales revenue increased to RSD 4.0 billion, up 13.1%, of which RSD 1.7 billion came from domestic sales market and the remainder came from exports.