BANJA LUKA (Bosnia and Herzegovina), October 31 (SeeNews) – Bosnian fuel retailer Nestro Petrol [BANJ:PTRL-R-A] said on Friday its consolidated net profit almost doubled to 3.3 million marka ($2.1 million/1.7 million euro) in the first nine months of 2014 from 1.7 million marka a year earlier.
Total revenues decreased 10% on the year to 197.9 million marka in the nine months through September while total costs fell to 194.1 million marka from 217.5 million marka, Nestro Petrol said in its consolidated financial statement filed with the Banja Luka Stock Exchange.
Russian oil and gas company Zarubezhneft, through its subsidiary Neftegazinkor, owns 80% of Nestro Petrol.
(1 euro=1.95583 Bosnian marka)