Montenegro's Budvanska Rivijera net profit trebles in 2023

The company's revenue increased 51.6% year-on-year to 23.2 million euro in 2023, while operating costs grew to 12 million euro from 9.9 million euro, Budvanska Rivijera said in an annual financial statement filed with the Montenegro Stock Exchange on Friday.

Following are details of Budvanska Rivijera's financial performance (in millions of euro):

($ = 0.9271 euro)