SARAJEVO (Bosnia and Herzegovina), April 28 (SeeNews) – Bosnian-based manufacturer of filters for the automotive industry Mann+Hummel BA [SAJ:UNFT] said on Tuesday its net profit fell to 6.3 million marka ($3.5 million/3.2 million euro) in the first quarter, from 7.9 million marka a year earlier.
Operating income dropped by 7.6% year-on-year to 71.3 million marka in January-March, while expenses decreased by 4.9% to 66.9 million marka, Mann+Hummel BA said in a filing to the Sarajevo Stock Exchange (SASE).
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)