March 9 (SeeNews) - Bosnian insurance company Euroherc Osiguranje [SAJ:EHOSR] said its net profit went down 22.8% on the year to 8.6 million marka ($4.6 million/4.4 million euro) in 2022.
The company's gross written premiums rose 6.4% year-on-year to 68.8 million marka in 2022, Euroherc Osiguranje said in a filing with the Sarajevo Stock Exchange (SASE) last week.
However, operating costs increased 16.6% on the year to 28.4 million marka last year.
The company's total assets increased to 122.98 million marka at the end of 2022, compared to 111.1 million marka at the end of 2021.
Euroherc Osiguranje's shares have not traded on the SASE in the past year.
(1 euro = 1.95583 marka)
Euroherc Osiguranje d.d. is among the biggest insurers in SEE. You can download our SEE Top 100 ranking
here or subscribe to our free Top 100 newsletter
here