April 22 (SeeNews) - Montenegro's metal processing company Imako recorded a net loss of 8,520 euro ($9,100) in the first quarter of 2024, compared to a net loss of 92,844 euro in the like period of last year, the company said on Monday.
Imako had revenues of 45,567 euro in the first three months of 2024, down 68.7% year-on-year, while operating costs decreased 77.3% to 54,087 euro, it said in a filing with the Montenegro Stock Exchange.
Non-specialised wholesale trade company Incom-Sehovic is the biggest shareholder in Imako with a stake of 45.6%, followed by Hitko Sehovic with 16.5% and Mahmut Sehovic with 10.2%. The remainder is owned by minority shareholders with stakes of less than 3% each.
$ = 0.9388 euro