Limun.hr - Montenegrin Coal Mine Rudnik Uglja Plevlja Q1 Net Profit Up 25% Y/Y

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Montenegrin Coal Mine Rudnik Uglja Plevlja Q1 Net Profit Up 25% Y/Y

7.5.2012 12:41:00 | Author/Source www.seenews.com

Montenegrin coal mine Rudnik Uglja Plevlja said on Monday its net profit rose to 2.98 million euro ($3.91 million) in the first quarter from 2.39 million euro a year earlier.

Rudnik Uglja’s operating income rose to 14.5 million euro in the first quarter from 13 million euro a year earlier, while operating costs edged up to 10.5 million euro from 10.2 million euro, its financial report filed with the Montenegro Stock Exchange showed.

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