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Montenegro
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Fortenova sells agri unit to Podravka for 333 mln euro
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Montenegro's Fjord Q1 net loss slightly widens

May 7, 2024, 12:33:50 PMArticle by Djordje Jajcanin
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May 7 (SeeNews) - Montenegrin hotel operator Fjord [MNG:FJOK] said its net loss widened to 284,550 euro ($306,285) in the first quarter of 2024, from 263,227 euro booked in the like period of last year.

Montenegro's Fjord Q1 net loss slightly widens
Ken Teegardin/CC BY-SA 2.0

Revenue rose to 292,464 euro in the first three months of 2024 from 256,827 euro a year earlier, whereas operating costs went up to 290,586 euro from 236,515 euro, the company said in a filing with the Montenegro Stock Exchange last week.

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 exchange.

($ = 0.9290 euro)

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