Tag: net profit

Record profit reported by Montenegro’s Electric Transmission System in 2023

Montenegro's Electric Transmission System (CGES) achieved an unprecedented profit of €35.7 million last year, as announced by Aleksandar Mijušković, the Chairman of the Board...

Air Montenegro reports strong financial and operational growth in 2023

National carrier Air Montenegro continues its financial and operational ascent, generating €62.3 million in revenue in 2023, marking a 45% increase compared to 2022. The...

Montenegrin Power Utility (EPCG) reports strong financial performance in 2023

Last year, the Montenegrin Power Utility (EPCG) achieved a pre-tax business result totaling EUR 65.87 million. After taxation, EPCG reported a net result of EUR...

Record growth: Telecommunications company MTEL’s milestones in revenue and profit for 2023

In 2023, MTEL experienced unprecedented growth in both revenue and profit. The company's revenue surged to €111.5 million, marking a remarkable 36% increase from...
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In two years, the new management restored the liquidity of Montenegro Bonus

In two years, the new management of Montenegro Bonus managed to restore the liquidity of the company, to initiate and complete the assessment procedure...

Crnogorski Telekom allocates the entire net profit of EUR 2.35 million for the dividend

The complete net profit of Crnogorski Telekom last year, in the amount of EUR 2.35 million, i.e. five cents gross per share, will be...
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