SARAJEVO (Bosnia and Herzegovina), February 25 (SeeNews) – Bosnia-based manufacturer of filters for the automotive industry Mann+Hummel BA [SAJ:UNFT] said on Thursday its 2020 net profit rose 43% year-on-year to 9 million marka ($5.6 million/4.6 million euro).
Operating income rose by 13% year-on-year to 80.6 million marka in 2020, while expenses increased by 9% to 63.6 million marka, Mann+Hummel BA said in a filing to the Sarajevo Stock Exchange (SASE).
Mann+Hummel BA, based 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)