Metalac reported earnings results for the first half of 2020. Metalac said its net profit dropped to RSD 9.5 million ($95,500/EUR 80,700) in the first half of 2020 from RSD 98.6 million in the like period of last year. Operating revenue declined 15.2% to RSD 416.6 million in January-June, while operating costs went down by 18.6% to RSD 395.9 million. Sales revenue, however, declined 14.3% to RSD 214.1 million.