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Mermeren Kombinat: At 11.12 million euros net profit in the nine months

Mermeren Kombinat AD Prilep records an increase in all its basic sizes on an annual basis in the first nine months of 2021.

Earnings from sales, earnings before interest and taxes (EBIT), earnings before interest, taxes, depreciation and amortization (EBITDA) and net income for the third quarter of fiscal year 2021 and on a cumulative basis, as well as the corresponding comparative figures last season have the following:

01/01-30/09/2021

01/01-30/09/2020

01/07-30/09/2021

01/07-30/09/2020

Sales

21.983.640

15.847.629

8.491.543

8.209.264

ΕΒΙΤ

12.289.117

7.865.419

4.895.763

4.064.843

EBITDA

14.033.518

9.595.078

5.479.340

4.654.150

Net profit

11.128.890

7.475.946

4.440.093

3.687.758

The borrowing of the company on 30/09/2021 was limited to 308 thousand euros, while the net borrowing is negative, amounting to 18.8 million drachmas.

As pointed out in the Report of the Board of Directors for the first half of 2021, the company has adapted its operation to the environment of the Covid-19 pandemic and already from the third quarter of 2020 has begun to overcome its consequences.

The increased cost of fuel cost over the entire nine months the cost of production before depreciation by about 3%, an amount that was fully absorbed due to increased sales.

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Source From: Capital

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