corporate sector

Serbian Companies See Revenue Growth Outpace Operating Costs

Serbian companies recorded faster growth in business revenue than operating expenses in the second quarter, potentially creating some additional room for investment and debt servicing despite continued cost pressures. Revenue across the non-financial business economy rose 9.7% year on year, while operating expenditure increased 7.8%, according to preliminary official data. The resulting 1.9-percentage-point difference does not represent a profit margin. It shows, however, that aggregate revenue growth exceeded the corresponding increase in day-to-day operating costs. Revenue Growth Provides Some Financial…