The biggest Serbian dairy group Imlek announced consolidated results for the first six months of the year during which it recorded a significant increase of realization and profit.
The aforementioned financial statements consolidate the results made of the parent company and subsidiaries: Imlek Boca, IMB Bitola Dairy, East Milk, Banja Luka dairy, Mlijekoprodukt, Balkan Dutch Dairy Products BV and Croatian dairy Sinj.
Consolidated operating income of Imlek increased in the period January-June compared to last year's 13.4 billion to 18.8 billion. Consolidated operating profit jumped 60 percent to 2.4 billion, while the net profit reached enormous 1.8 billion.
Imlek ended today's trading at a level of 2,810 dinars equivalent to a market capitalization of $ 22.6 billion (198.2 million euros).