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Serbian farming firm Agrobacka's net loss widens in 2021

Serbian farming firm Agrobacka's net loss widens in 2021 Agrobacka AD

BELGRADE (Serbia), April 27 (SeeNews) - Serbian farming company Agrobacka's [BEL:AGBC] net loss deepened 10.9% in 2021 to 20.6 million dinars ($185,596/175,000 euro), it said on Wednesday.

Agrobacka's expenses decreased by 7% to 90.7 million dinars in 2021, while revenues slid to 70.1 million dinars from 78.97 million dinars in 2020, the farming firm said in a filing to the Belgrade Stock Exchange.

Sales revenues went down by 10.9% on an annual comparison basis to 19.5 million dinars, the filing showed.

Agrobacka's capital is composed of 80,799 shares with a nominal price of 127 dinars apiece. The company is listed on the multilateral trading facility (MTP) segment of the Belgrade Stock Exchange.

The stocks last traded on February 18, when 51 shares changed hands.

(1 euro = 117.593 dinars)

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