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Bosnian brewer Pivara Tuzla's H1 profit falls 33% y/y

Bosnian brewer Pivara Tuzla's H1 profit falls 33% y/y

SARAJEVO (Bosnia and Herzegovina), July 28 (SeeNews) - Bosnian brewer Pivara Tuzla [SAJ:PITZ] said on Thursday its net profit decreased 33.3% year-on-year to 902,227 marka ($466,800/461,300 euro) in the first half of 2022.

Operating income shrank 4.4% on the year to 12.4 million marka in the period under review, while operating costs increased 12% to 10.7 million marka, Pivara Tuzla said in a filing to the Sarajevo bourse.

The company's shares last traded on the Sarajevo Stock Exchange on July 25, when they closed flat at 10 marka.

Bosnia's largest retailer Bingo controls a 92.1% stake in Pivara Tuzla, July 22 bourse data showed.

(1 euro = 1.95583 marka)

 
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