July 20 (SeeNews) - Bosnia-based manufacturer of filters for the automotive industry Mann+Hummel BA [SAJ:UNFT] said on Wednesday that its net profit fell 73.5% year-on-year to 1.8 million marka ($942,300/920,300 euro) in the first half of 2022.
Operating income increased by 10.2% year-on-year to 53.8 million marka in the six months through June, Mann+Hummel BA said in a filing to the Sarajevo Stock Exchange (SASE).
The company's operating expenses grew 22.9% on the year to 50.9 million marka in the period under review.
Mann+Hummel BA, located in Tesanj, is a unit of German group Mann+Hummel which supplies equipment to the international automotive and mechanical engineering industries.
(1 euro = 1.95583 marka)