March 7 (SeeNews) - Bosnian coal mining company Banovici [SAJ:RMUBR] said on Thursday it has increased its net loss to 24.2 million marka ($13.5 million/12.4 million euro) in 2023 from 7.9 million marka a year earlier.
Total revenues went down 6.6% on the year to 154.3 million marka last year, while total expenses came in at 178.5 million marka, up 3.1%, Banovici said in a bourse filing.
The government of Bosnia's Federation entity owns a 69.5% stake in Banovici, according to the most recent data published by the Sarajevo Stock Exchange.
The company's shares last traded on the Sarajevo bourse on January 23, when they flat at 6 marka.
The Federation is one of two autonomous entities forming Bosnia and Herzegovina. The other one is the Serb Republic.
(1 euro = 1.956 marka)