NIS presents 6 months performance results at BelEx

July 27, 2017

Today, at Belgrade Stock Exchange NIS presented its performance results in the first six months of 2017. Fyodorov presented to investors all NIS Group business operations parameters in the first six months of the current year and on that occasion stressed that  has posted a net profit to the tune of 12,4 billion RSD, which is as many as four times more than in comparison to the same period last year. The results of operational efficiency measures have been pointed out as they improved  business operations results, along with savings. Indicator EBITDA is by 71 per cent higher in comparison to the last year result and amounts 22.5 billion RSD, which was significantly facilitated by the programme aimed at boosting operational efficiency, bringing this indicator in this reporting period to 2.8 billion RSD. Other than that, Director of Function for Finance, Economy, Planning and Accounting has stressed that  in the first six months of the current year NIS invested RSD 10 billion, which is by nine per cent more than in the first six months of the previous year. Following the presentation of the performance results, Mr. Fyodorov spent some time in talks with the representatives of expert circles and took their numerous questions.