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Montenegro's Fjord net loss expands in H1

Author Senad Dedeic
Montenegro's Fjord net loss expands in H1 Author: Ken Teegardin. License: Creative Commons, Attribution 2.0 Generic.

PODGORICA (Montenegro), August 19 (SeeNews) - Montenegrin hotel operator Fjord [MNG:FJOK] recorded a net loss of 322,275 euro ($324,350) in the first half of 2022, versus a 274,400 euro loss booked in the like period of last year, it said.

Fjord's revenue grew to 747,550 euro whereas operating costs went up to 657,500 euro from 341,700 euro, the company said in Thursday's filing with the Montenegro Stock Exchange.

Fjord's capital is composed of 498,306 shares with a nominal price of 25.5646 euro apiece. The company is listed on the free market segment of the Montenegro Stock Exchange at a price of 3.6 euro per share.

($ = 0.9936 euro)