March 29 (SeeNews) - Montenegrin transport company Zetatrans [MNG:ZETP], controlled by Slovenia's Intereuropa, said its net profit rose to 1.34 million euro ($1.45 million) in 2023, from 933,700 euro in 2022.
The company's net sales revenue increased 8.4% to 7.3 million euro last year, while operating expenses rose 5.9% to 4.6 million euro, Zetatrans said in a filing with the Montenegro Stock Exchange on Thursday.
In addition, costs for workers' wages and contributions went up 9.2% to 1.65 million euro in 2023, the statement read.
Zetatrans' shares last traded on January 24, closing flat at 0.95 euro.
Slovenian logistics company Intereuropa controls 69.3% of Zetatrans, Slovenian postal operator Posta Slovenije holds 10.5%, while the remainder belongs to smaller shareholders, Montenegro bourse data showed on Friday.
Podgorica-based Zetatrans provides complete logistics solutions in all phases of movement of goods - transportation, warehousing, customs brokerage, preparation of goods for further shipping and distribution to the final recipient in Montenegro and abroad.
($ = 0.925 euro)