• petak, 25 jul 2025

Last year`s net profit of Zetatrans 40 percents lower

Last year`s net profit of Zetatrans 40 percents lower
Company "Zetatrans" from Podgorica realized profit of more than 137,000 DEM last year, which is about 96,000 DEM, or 40 percents less than in 2000. "Last year, the total income of the company was about 13.5 million and expenditures were 172,000 DEM less. After payment of taxes and allocation of reserves there was more than 137,000 DEM of net profit left and the Assembly of the shareholders of the company are to decide on its distribution," said financial director of the company, Milutin Djacic. He said that reduction in profit was a result of reinvesting that "Zetatrans" had last year. Djacic said that this company, founded 36 years ago, had never had a negative financial result. "Zetatrans" offers the services of international and domestic freight, transport and trade, as well as naval agency services.