Energoprojekt Holding a.d. (BELEX:ENHL)

Revenue by Segment

Financials in millions RSD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Design and Research	4.90B	4.84B	5.12B	5.17B	5.14B
Design and Research Growth	1.24%	-5.43%	-0.99%	0.58%	-9.58%
Construction and Equipment	7.12B	4.75B	5.28B	9.11B	15.63B
Construction and Equipment Growth	49.91%	-10.04%	-42.02%	-41.71%	-28.09%
Eliminations	-659.96M	-1.22B	-416.26M	-847.86M	-994.63M
Other	635.81M	749.10M	666.15M	754.86M	646.37M
Other Growth	-15.12%	12.45%	-11.75%	16.78%	4.73%
Total	12.00B	9.12B	10.65B	14.18B	20.42B
Total Growth	31.54%	-14.34%	-24.93%	-30.53%	-21.32%

Revenue by Geography

Financials in millions RSD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Serbia	6.64B	2.68B	4.07B	5.93B	9.79B
Serbia Growth	147.72%	-34.08%	-31.44%	-39.41%	-34.80%
Europe	393.33M	391.95M	276.06M	166.63M	1.02B
Europe Growth	0.35%	41.98%	65.67%	-83.67%	490.17%
Africa	2.07B	2.13B	2.37B	2.88B	1.90B
Africa Growth	-2.86%	-10.40%	-17.52%	51.80%	4.33%
Asia	2.88B	2.75B	3.12B	3.37B	3.36B
Asia Growth	4.83%	-11.88%	-7.46%	0.27%	-8.38%
Commonwealth of Independent States (CIS)	13.38M	1.17B	563.79M	1.44B	4.17B
Commonwealth of Independent States (CIS) Growth	-98.86%	107.92%	-60.78%	-65.50%	-13.88%
America	4.88M	2.68M	250.95M	401.13M	184.16M
America Growth	82.31%	-98.93%	-37.44%	117.81%	-57.75%
Total	12.00B	9.12B	10.65B	14.18B	20.42B
Total Growth	31.54%	-14.34%	-24.93%	-30.53%	-21.32%

Source: S&P Global Market Intelligence.