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Bosnia's Hidroelektrane na Drini net profit falls in 2023

Feb 29, 2024, 2:17:04 PMArticle by Dragana Petrushevska
share
February 29 (SeeNews) - Bosnian hydro power producer Hidroelektrane na Drini [BANJ:HEDR-R-A] said on Thursday its net profit fell 13.4% year-on-year in 2023, to 2.5 million marka ($1.4 million/1.3 million euro).

Bosnia's Hidroelektrane na Drini net profit falls in 2023
Hydropower plant in Abwinden-Asten, Austria. Image by Verbund

Operating income rose 14.4% on the year to 42.6 million marka in 2023, but operating costs increased 16.6% to 39.3 million marka, the company said in a filing with the Banja Luka Stock Exchange (BLSE).

Hidroelektrane na Drini's shares last traded on February 27, closing at 0.32 marka, some 1.23% lower from the previous trading session.

(1 euro = 1.956 marka)

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