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Heidelberg Cement’s Bosnian unit H1 net profit falls 41% - table

Sep 7, 2012, 4:33:58 PMArticle by Nina Byalkova
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SARAJEVO (Bosnia and Herzegovina), September 7 (SeeNews) -The net profit of Bosnian cement factory Tvornica Cementa Kakanj (TCK), owned by Germany's Heidelberg Cement, declined to 5.53 million marka ($3.6 million/2.8 million euro) in the first half of 2012 from 9.39 million marka a year earlier, company data indicated on Friday.

Heidelberg Cement’s Bosnian unit H1 net profit falls 41% - table

Following are details from TCK’s six-month financial report (in millions of Bosnian marka):

H1’12 H1'11
NET PROFIT 5.53 9.39
OPERATING REVENUE 30.83 35.34
OPERATING COSTS 25.51 25.55

Tvornica Cementa Kakanj is based in the central town of Kakanj, some 50 kilometres northwest of the capital Sarajevo.

(1 euro=1.95583 Bosnian marka)

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