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Energoprojekt’s First-Half Income Doubles as Dinar Weakens

Aug. 15 (Bloomberg) -- -- Energoprojekt Holding AD, a Serbian construction and energy company, said first-half profit more than doubled, helped by a weaker dinar.

Net income rose to 522 million dinars ($5.5 million) from 260 million dinars a year earlier, the Belgrade-based group said in a statement to the Belgrade Stock Exchange. The dinar depreciated 10.6 percent over the period.

The company operates in 19 countries in businesses from highway, rail and building construction, to consulting, energy and information technology.

To contact the reporter on this story: Misha Savic in Belgrade at msavic2@bloomberg.net

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net

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