March 10 (SeeNews) - Bosnian power utility Elektroprivreda BiH [SAJ:JPESR] said on Friday that its net profit dropped to 2.7 million marka ($1.47 million1.38 million euro) in 2022 from 12.4 million marka made a year earlier.
The company's 2022 total revenue rose 16.8% on an annual comparison basis, reaching 1.307 billion marka, while its total costs increased 17.3% to 1.296 million marka, EPBiH said in a financial statement filed with the Sarajevo Stock Exchange (SASE).
The company's shares closed Friday's trading session 2.93% higher at 14.42 marka on the Sarajevo bourse.
Elektroprivreda BiH, Bosnia's largest power utility, is based in the Federation entity. Elektroprivreda RS is the power utility of the Serb Republic.
The Federation and the Serb Republic are two autonomous entities that form Bosnia and Herzegovina.
(1 euro = 1.95583 marka)