SARAJEVO (Bosnia and Herzegovina), August 10 (SeeNews) – Bosnian power utility Elektroprivreda HZHB [SAJ:JPEMR] said on Friday ts first-half net profit surged to 38.7 million marka ($22.7 million/19.8 million euro) from 452,076 marka in the like period last year.
The company's operating revenue jumped 53.7% to 214.8 million marka in the six months through June, while operating costs rose 21.9% to 175.8 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)