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Montenegro's Hidroterm swings to profit in 2023

Apr 1, 2024, 1:55:08 PMArticle by Djordje Jajcanin
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April 1 (SeeNews) - Montenegrin waste recycling services provider Hidroterm [MNG:CEPR] recorded a net profit of 8,728 euro ($9,410) in 2023, compared to a net loss of 5,793 euro in 2022, it said on Monday.

Montenegro's Hidroterm swings to profit in 2023
Ken Teegardin/CC BY-SA 2.0

Revenues edged down to 20,902 euro last year from 20,979 euro in 2022, whereas expenses were little changed at 11,126 euro compared with 11,921 euro, the company said in a filing to the Montenegro Stock Exchange.

Hidroterm's capital is composed of 13,587 shares with a nominal price of 21.24 euro each. The company is listed on the multilateral trading facility (MTP) segment of the Montenegro Stock Exchange.

($ = 0.9275 euro)

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