Cementarnica Usje announced non consolidated earnings results for the full year of 2016. The company reported non-consolidated net profit decreased 5% to MKD 1.2 billion ($20.7 million or €19.5 million) in 2016 due to higher costs. The company's non-consolidated operating revenue totalled MKD 4.43 billion, flattish compared to 2015. Thus, non-consolidated operating profit dropped 6% to MKD 1.3 billion. Financial revenue grew 15% to MKD 23.4 million, while financial expenses plunged 75% to MKD 8.7 million.