Montenegrin lottery operator's 2023 net loss slightly drops

The company’s net sales revenue declined to 493,200 euro last year from 519,000 euro in 2022, while operating costs shrank to 553,000 euro from 564,000 euro in the period under review, Lutrija Crne Gore said in a filing with the Montenegro Stock Exchange on Tuesday.

Its shares last traded on April 20, 2023, closing flat at 1.4 euro, bourse data showed.

The biggest shareholders of the lottery operator are Podgorica-based firm Flesh & AS with a stake of 51% and local businessman Sava Grbovic with 43.7%. The remaining 5.3% belong to smaller shareholders.

($ = 0.930 euro)