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Bosnian drug maker Bosnalijek Q1 net profit triples to 1.2 mln euro

Bosnian drug maker Bosnalijek Q1 net profit triples to 1.2 mln euro Author: Brice Ambrosiak. Licence: Creative Commons

SARAJEVO (Bosnia and Herzegovina), May 13 (SeeNews) – Bosnian drug maker Bosnalijek [SAJ:BSNLR] said its net profit tripled to 2.4 million marka ($1.4 million/1.2 million euro) in the first three months of 2016, from 811,200 marka a year earlier.

Operating revenues increased 2.9% on the year to 23.2 million marka in the first quarter of 2016, while operating costs edged up 1.4% to 21.3 million marka, the company said in a financial report on Thursday.

In 2015 Bosnalijek's net profit amounted to 11.2 million marka, as operating revenue jumped 6% on the year to 126.9 million marka.

(1 euro=1.95583 Bosnian marka)

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