SARAJEVO (Bosnia and Herzegovina), April 18 (SeeNews) – Bosnian engineering company Energoinvest [SAJ:ENISR] said on Wednesday it posted a net loss of 10.1 million marka ($6.4 million/5.2 million euro) in 2017, from a profit of 163,172 marka a year earlier.
Operating income fell to 116.04 million marka last year from 128.63 marka in 2016, while operating costs declined 4.6% to 126.26 million marka, Energoinvest said in a financial statement sent to the Sarajevo Stock Exchange.
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In February this year, the government of Bosnia's Federation approved the privatisation agency's business plan for 2018 which foresees the sale of a 67% stake in Energoinvest.
The Federation is one of the two autonomous entities that make up Bosnia and Herzegovina. The other one is the Serb Republic.
(1 euro=1.95583 marka)