February 21 (SeeNews) - Bosnian brewer Bihacka Pivovara [SAJ:BIPV-R] said on Monday its net profit slumped to 11,052 marka ($6,400/5,700 euro) last year from 591,764 marka booked in 2020.
Operating revenue rose by 17.1% year-on-year, reaching 8.9 million marka at the end of 2021, while operating costs increased by 9% to 8.5 million marka, Bihacka Pivovara said in a filing to the Sarajevo Stock Exchange.
The company's financial revenue dropped to just 10 marka in 2021, compared with 20,468 marka in 2020. At the same time, financial expenses increased to 229,375 marka from 168,410 marka.
Shares of Bihacka Pivovara last traded on the Sarajevo bourse on December 21, closing 2.88% lower at 5.05 marka.
(1 euro = 1.95583 marka)