Montenegro's Luka Bar grows profit 20% y/y in Q1

The company's revenue went down 5.1% year-on-year to 3.7 million euro in the first three months oif 2024, while operating costs fell to 1.8 million euro from 2 million euro, Luka Bar said in a financial statement filed with the Montenegro Stock Exchange last week.

Following are details of Luka Bar's financial performance (in millions of euro):

$ = 0.9291 euro