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Montenegro-express cuts 9-mo net loss

Oct 21, 2022, 4:40:06 PMArticle by Senad Dedeic
share
October 21 (SeeNews) - Montenegrin real estate company Montenegro-express Group [MNG:MOEK] reported on Friday a net loss of 1.23 million euro ($1.2 million) for the first nine months of 2022, compared to a net loss of 1.27 million euro in the like period of 2021.

Montenegro-express cuts 9-mo net loss
Author: Ken Teegardin. Licence: Creative Commons.

Revenues in the review period went up to 206,305 euro from 170,834 euro, whereas expenses decreased to 155,493 euro from 171,648 euro, Montenegro-express Group said in its filing Montenegro Stock Exchange.

Montenegro-express Group's capital is composed of 20,023,692 shares with a nominal price of 0.3056 euro apiece. The company is listed on the free market segment of the Montenegro Stock Exchange.

The company last traded on July 12, at a price of 0.2106 euro per share.

($ = 1.02558 euro)

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