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Montenegro's Zeljeznicka Infrastruktura widens net loss in H1

Aug 25, 2022, 11:22:02 AMArticle by Senad Dedeic
share
August 25 (SeeNews) - Montenegro's state-owned railway infrastructure company Zeljeznicka Infrastruktura Crne Gore [MNG:ZICG] closed the first half of 2022 with a net loss of 617,017 euro ($616,873), compared to a loss of 199,208 euro booked in the like period of last year, it said.

Montenegro's Zeljeznicka Infrastruktura widens net loss in H1
Photo: Croatia's FINA

Zeljeznicka Infrastruktura's sales revenue fell 74.03% year-on-year in the six months through June to 32,720 euro whereas operating costs went up to 5.01 million euro from 4.06 million euro, the company said in a filing to the Montenegro Stock Exchange on Tuesday.

Zeljeznicka Infrastruktura's capital is composed of 157,638,774 shares with a nominal price of 2.7891 euro apiece.

The shares last traded on April 21 when they closed at a price of 0.0085 euro.

($ = 1.00023 euro)

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