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Bosnian drug maker Bosnalijek's Q1 net loss narrows

May 7, 2024, 3:59:57 PMArticle by Dragana Petrushevska
share
May 7 (SeeNews) - Bosnian pharmaceuticals producer Bosnalijek [SAJ:BSNLR] said it booked a net loss of 4.9 million marka ($2.7 million/2.5 million euro) in the first quarter of the year, compared with a net loss of 7.2 million marka recorded in the like period a year earlier.

Bosnian drug maker Bosnalijek's Q1 net loss narrows
Photo: Bosnalijek

Total revenue went up 33% year-on-year to 26.6 million marka, whereas total expenses rose 15.8% to 31.6 million marka in the January-March period, Bosnalijek said in a filing to the Sarajevo Stock Exchange (SASE) on Monday.

The company's shares last traded on SASE on April 24, closing 0.19% lower at 21.01 marka.

Bosnalijek is the largest pharmaceuticals company in Bosnia and Herzegovina.

(1 euro = 1.956 marka)

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