SARAJEVO (Bosnia and Herzegovina), August 22 (SeeNews) – Bosnian power utility Elektroprivreda HZHB [SAJ:JPEMR] said on Tuesday its first-half net profit plummeted 80% on the year to 452,100 marka ($272,500/231,200 euro).
The company's operating revenue decreased 22.6% to 139.7 million marka in the six months through June, while operating costs fell 16.3% to 144.2 million marka, it said in a statement.
Elektroprivreda HZHB, the smallest of the three Bosnian state-owned power utilities, is based in the country's Federation entity.
Bosnia's largest power utility is Elektroprivreda BiH, also based in the Federation, which together with the Serb Republic entity forms Bosnia and Herzegovina. Elektroprivreda RS is the power utility of the Serb Republic.
(1 euro=1.95583 marka)