November 9 (SeeNews) - Bosnian insurance company Krajina Osiguranje [BANJ:KROS-R-A] said on Wednesday its net loss narrowed by 29% year-on-year in the first nine months of 2022, to 447,816 marka ($230,440/228,965 euro), as income growth outpaced a rise in expenses.
Operating income totalled 4.2 million marka in the January-September period, up 27.4% on the year, the insurer said in a filing with the Banja Luka Stock Exchange.
Operating costs amounted to 4.7 million marka in the period under review, 18.4% higher compared with the first nine months of 2021.
The insurer's shares last traded on the Banja Luka bourse on October 21, when they sank 80.7% to 0.193 marka.
(1 euro = 1.95583 marka)