Bosnian brewer Sarajevska Pivara's 9-mo net profit slumps

Operating revenue jumped to 17.1 million marka in the first nine months of 2022, from 1.8 million marka a year earlier, the company said in a financial report filed with the Sarajevo Stock Exchange (SASE) on Tuesday.

Operating costs edged up 2.8% year-on-year to 15.8 million marka in the period under review.

Sarajevska Pivara reported a value adjustment loss of 249,249 marka in the first nine months of the year, compared with a loss of just 107 marka in the like period of last year.

The company's shares last traded on the SASE on October 17, closing unchanged at 11 marka.

(1 euro = 1.95583 marka)