March 29 (SeeNews) - Bosnian brewer Sarajevska Pivara [SAJ:SRPV] said its 2016 net profit more than doubled to 542,152 marka ($299,100/277,200 euro) from 205,739 marka in the previous year.
Operating revenue increased 4.3% to 32 million marka, while operating costs rose 6.5% to 31.2 million marka, the company said in its annual financial report filed with the Sarajevo Stock Exchange on Tuesday.
Sarajevska Pivara is based in Sarajevo, in the Federation - one of the two autonomous entities forming Bosnia and Herzegovina. The other one is the Serb Republic.
(1 euro=1.95583 marka)