Metalac A.D., Gornji Milanovac Reports Earnings Results for the Half Year Ended June 30, 2021
August 30, 2021 at 06:36 pm
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Metalac a.D., Gornji Milanovac announced earnings results for the half year ended June 30, 2021. For the half year, the company announced total revenue was RSD 5,751.339 million compared to RSD 4,990.752 million a year ago. Operating income was RSD 315.329 million compared to RSD 269.951 million a year ago. Net income was RSD 305.399 million compared to RSD 204.376 million a year ago. Basic earnings per share from continuing operations was RSD 160.54 compared to RSD 109.58 a year ago.
Metalac ad Gornji Milanovac is a Serbia-based holding company principally engaged in the production of household items. The Company offers a range of products including enameled, Teflon-coated and Inox cookware, as well as kitchen sinks, cardboard packing material and water heaters. The cookware is distributed to Russia, Croatia, Montenegro, Slovenia, France, Italy, Spain, Germany, Macedonia, the Czech Republic, Kosovo and Bosnia and Herzegovina. On The Company developed the wholesale and retail network, with shops located in numerous cities in Serbia and four in Montenegro. As of December 31, 2011, it operated through 14 subsidiaries, including Metpor, Metalac Trade, Metalac Bojler doo, Metalac Inko doo, Metalac Market doo, Metalac Posudje doo, Metalac Print doo, Promo Metal doo, Metalac Proleter ad, Metalac Market doo, Metalac Metalurgija ad, Metrot ooo, Stadion Metalac and Metalac Ukraine.