Pljevlja coalmine recorded a net profit in the amount of 3.31 million euros in the first quarter of 2018, which is by 9.6 % lower compared to the same period last year.
According to the financial report, coalmine’s operating income reached 10.88 million euros at the end of March 2018, which is by 11.2 % less than in the same period in 2017. At the same time, operating expenses dropped by 11.7 %, reaching 7.5 million euros. Salaries, benefits and other personnel expenses reached 3.23 million euros, costs of materials amounted to 2.13 million euros, depreciation and provisions reached 1.04 million euros, while other expenses reached 1.09 million euros.
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Tags: coal, coalmine, financial, Montenegro, Pljevlja