March 3 (SeeNews) - Bosnian power utility Elektroprivreda HZHB [SAJ:JPEMR] said it booked a net loss of 81.1 million marka ($44 million/41.5 million euro) in 2022 after recording a net profit of 43 million marka a year earlier.
The company's total revenue dropped 15.1% year-on-year to 421.3 million marka in 2022, while operating costs increased by 10.8% to 502.4 million marka, the company said in a financial statement earlier this week.
The company's shares closed down 2.93% at 26.21 marka on the Sarajevo bourse on Friday.
Elektroprivreda HZHB is the smallest of the three Bosnian state-owned power utilities. It is based in the 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)