10 minutes agoKEK has realised 20m euros in profits
Periskopi(8 years ago)
(8 years ago)The Kosovo Energy Corporation (KEK) has closed 2017 to 19,75m euros in profits, until other companies in the country have closed the financial year with negative performance. The annual report for 2017 says that the corporation recorded a positive net score for the year that ended on December 31, 2017 in many of [...]
The annual report for 2017 reports that the corporation has registered a positive net score for the year that ended on December 31st 2017 in many of the 19,75m euros and raised about 8m euros in revenues compared to the previous year.
The profit created, according to the report, is due to lower expenditures in relation to corporate revenues.
The company for 2016 did not receive grants from the government. And the revenues from the magazine's magazine are 5.42 million. Total operational revenues realised for 2017 are in many of the 171.51m euros and are higher for 2.15m euros, compared to 2016, or applied to 0.1% or 1.3% higher compared to the previous year 2016.
This increase in revenues is due to the highest collection of income positions in relation to the preliminary year”, KEK's annual report of 2017 said.
Further in the report, revenues from the event for this year reportedly have been realised to many of the 164.41m euros, down from 156.61m euros versus a year ago with an increase of 1.5.3% or $ 7.8 million more.
In all, operational expenditures for 2017 have been realised at many of the 147.07m euros, compared to 147.87m euros of the preliminary year are lower for 0.080m euros, or expressed at a rate of 0.54% lower or 5.4% lower than the previous year.
