Montenegro's Simo Milosevic spa centre swings to 9-mo net loss

Net sales fell 14.1% year-on-year to 7.3 million euro in the nine months through September, while expenses dropped to 3.8 million euro from 4.3 million, Simo Milosevic said in a filing with the Montenegro Stock Exchange last week.

Shares of Institut Dr Simo Milosevic - Igalo last traded on October 31, closing at 23 euro. The company is based in the Adriatic resort of Igalo, in the municipality of Herceg Novi.

$ = 0.9366 euro