phillip morris

Philip Morris Serbia Faces Profit Decline Amid Revenue Growth

Philip Morris Operations in Serbia is experiencing a challenging period marked by declining profitability, despite achieving notable revenue growth. The company reported a net profit of 5.7 billion dinars (approximately €49 million) in 2025, which represents an 8% decrease from the previous year's profit of 6.2 billion dinars. This decline follows a similar contraction in 2024, indicating a downward trend in earnings after several years of stability. In contrast to the profit decline, total income for the company increased by…