Metalac a.d., Gornji Milanovac Reports Earnings Results for the Full Year Ended December 31, 2023
May 22, 2024 at 01:57 pm
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Metalac a.d., Gornji Milanovac reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was RSD 32.81 million compared to RSD 52.45 million a year ago. Revenue was RSD 15,256.36 million compared to RSD 13,939.83 million a year ago.
Net income was RSD 677.02 million compared to RSD 588.1 million a year ago. Basic earnings per share was RSD 350.23 compared to RSD 303.97 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.
METALAC A.D., GORNJI MILANOVAC 
