SARAJEVO (Bosnia and Herzegovina), March 24 (SeeNews) – Bosnian hydro power producer Hidroelektrane na Trebisnjici (HET) [BANJ:HETR-R-A] said on Tuesday it turned to a net loss of 15.3 million marka ($8.5 million/7.8 million euro) in 2019, from a 3.35 million marka net profit a year earlier.
The majority state-owned company's operating income decreased sharply to 39.1 million marka from 69.8 million marka, while its operating costs fell to 53.8 million marka from 62.6 million marka, HET said in a filing to the Banja Luka Stock Exchange (BLSE).
Hidroelektrane na Trebisnjici's shares last traded on March 13 at 0.177 marka on the BLSE, unchanged from the day before.
(1 euro = 1.95583 marka)