corporations

Big drop in profits of corporations that make up the Belex15 index basket in the first half of 2023.

The companies listed on the Belgrade Stock Exchange, which make up the Belex15 index basket in the first half of 2023, achieved significantly worse results compared to the same period in 2022, the Momentum Securities brokerage announced. This is, as stated and expected, after last year's record business of the Oil Industry of Serbia (NIS), which has a dominant influence on that index. In the first six months of NIS, due to significantly lower crude oil prices, revenues fell by…