Crnogorski Elektroprenosni Sistem reported earnings results for the first nine months of 2016. The company posted a net profit of EUR 1.5 million in the first nine months of 2016, 58% less than in the same period last year. The company's operating income reached EUR 21.4 million through September, down by 8.2% from last year, while its operating costs rose to EUR 19.7 million from EUR 18.8 million. It also posted a loss of EUR 0.053 million from other activities, versus a profit of EUR 0.130 million from other activities a year earlier.