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Bosnia's Krajina Osiguranje net loss shrinks 44.5% y/y in H1

Bosnia's Krajina Osiguranje net loss shrinks 44.5% y/y in H1 License: Creative Commons CC0

SARAJEVO (Bosnia and Herzegovina), August 3 (SeeNews) - Bosnian insurance company Krajina Osiguranje [BANJ:KROS-R-A] said its net loss narrowed to 340,841 marka ($177,500/174,300 euro) in the first half of 2022, from 613,673 marka in the same period last year.

Operating income totalled 2.7 million marka in the January-June period, up from nearly 2.3 million marka generated in the first half of 2021, the insurer said in a filing with the Banja Luka Stock Exchange earlier this week.

Operating costs amounted to 3.1 million marka in the six months through June, higher than 2.7 million marka in the same period a year earlier.

The insurer's shares have not traded on the Banja Luka bourse in the past year.

(1 euro = 1.95583 marka)

 
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