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Bosnia's Krajinapetrol widens 9-mo net loss on higher costs

Oct 26, 2022, 4:42:55 PMArticle by Dragana Petrushevska
share
October 26 (SeeNews) - Bosnian fuel trader Krajinapetrol [BANJ:KRPT-R-A] said on Wednesday it recorded a net loss of 351,360 marka ($179,730/179,640 euro) in the first nine months of 2022, compared with a net loss of 211,560 marka in the same period a year earlier, due to higher expenses.

Bosnia's Krajinapetrol widens 9-mo net loss on higher costs
Krajinapetrol

Operating costs increased by an annual 33% to 47.3 million marka in the period under review, Krajinapetrol said in an interim financial statement filed with the Banja Luka Stock Exchange (BLSE).

The company's operating income rose 33% on the year to nearly 47 million marka, as sales revenue, all derived from the domestic market, added 33% to 46.8 million marka in the January-September period.

Krajinapetrol's shares last traded on the BLSE on August 29, closing flat at 0.936 marka, BLSE data showed.

(1 euro = 1.95583 marka)

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