Montenegrin coal mine Pljevlja recorded a net profit of 15.2 million euros in 2023, which is significantly higher compared to 9.4 million euros profit in the same period last year, according to the financial report.
In the same period, the coal mine’s sales revenues increased by 27%, to 69.7 million euros, and operating expenses rose by 15%, to 31.1 million euros.
Its total assets at the end of 2023 were worth 132.2 million euros, 7% more than a year before. The company’s long-term provisions and liabilities amounted to 18.6 million euros, while short-term liabilities amounted to 15 million euros. Retained earnings stand at around 41.2 million euros.
