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Bosnia's Centrotrans Tranzit cuts net loss in H1

Bosnia's Centrotrans Tranzit cuts net loss in H1 Ken Teegardin/CC BY-SA 2.0

SARAJEVO (Bosnia and Herzegovina), August 19 (SeeNews) - Bosnian cargo transport company Centrotrans Tranzit [SAJ:CTRTR] said on Friday that its net loss narrowed to 103,300 marka ($53,150/52,800 euro) in the first half of 2022, from 128,690 marka in the corresponding period of last year, as income grew more than expenses.

Operating income increased 31% on the year to 343,986 marka in the January-June period, whereas operating costs came in at 545,180 marka, up 24%, Centrotrans Tranzit said in a financial statement filed with the Sarajevo Stock Exchange (SASE).

The company's shares last traded on July 21 on the SASE, closing 5.07% lower at 140 marka.

(1 euro = 1.95583 marka)