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View Full Version : NIS Refiner Net Income Falls 15% on Weaker Serbian Dinar - Bloomberg



NewsWhore
04-28-2012, 05:10 AM
NIS Refiner Net Income Falls 15% on Weaker Serbian Dinar (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNF3qB4xbPG2FM0O_SPxCaqWnUZFDw&url=http://www.bloomberg.com/news/2012-04-27/nis-refiner-net-income-falls-15-on-weaker-serbian-dinar-1-.html)
Bloomberg
Dinar Effect A year earlier, net earnings of 9.8 billion dinars included a positive currency effect of 4.6 billion dinars, whereas the negative effect in the latest quarter was around 4 billion dinars. Operating cash flow deteriorated 95 percent as the ...

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