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Bosnia's Euroherc Osiguranje posts flattish net profit in H1

Bosnia's Euroherc Osiguranje posts flattish net profit in H1 License: Creative Commons CC0

SARAJEVO (Bosnia and Herzegovina), August 1 (SeeNews) - Bosnian insurance company Euroherc Osiguranje [SAJ:EHOSR] said on Monday its net profit inched up 0.3% year-on-year to 5.3 million marka ($2.8 million/2.7 million euro) in the in the first half of 2022.

The company's gross written premiums rose to 33.1 million marka in the review period, from 31.2 million in the first half of 2021, Euroherc Osiguranje said in a filing with the Sarajevo Stock Exchange (SASE).

Operating costs increased by an annual 19.8% to 13.2 million marka in the first six months of this year.

The company's total assets grew to 119.2 million marka at the end of June, from 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, for more reference take a look at Top 100 insurers
 
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