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Bosnia's Elektrodistribucija projects modest rise in 2024 profit

Feb 15, 2024, 10:19:00 AMArticle by Dragana Petrushevska
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February 15 (SeeNews) - Bosnian power distributor Elektrodistribucija Pale [BANJ:EDPL-R-A] said on Thursday it expects to generate a profit of 171,000 marka ($93,828/87,431 euro) in 2024, up from 138,000 marka anticipated in the latest 2023 plan.

Bosnia's Elektrodistribucija projects modest rise in 2024 profit

Year-end revenue is projected at 36.4 million marka, flat year-on-year, whereas costs are expected to edge down 0.1% on the year to 36.3 million marka, Elektrodistribucija said in its 2024 financial plan filed with the Banja Luka bourse.

The company's shareholders approved the financial plan at a meeting on February 7.

Elektrodistribucija's shares last traded on the BLSE on February 9, when they closed 12.54% higher at 0.70 marka.

(1 euro = 1.956 marka)

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