Bosnia and Herzegovina, Krajinapetrol has recorded a net loss in the amount of some 110,000 euros in Q1 2022

, SEE Energy News

Bosnian fuel trader Krajinapetrol announced that it has recorded a net loss in the amount of some 110,000 euros in the first quarter of 2022, compared to a loss of 115,000 euros recorded in the same period last year.

The company’s operating income increased by 32 % to 6.3 million euros in January-March 2022 period, while its operating expenses also rose by 32.3 % to 6.28 million euros.

Krajinapetrol recorded a net profit in the amount of just little over 5,000 euros in 2021, compared to a loss of some 195,000 euros recorded in the previous year. The company’s operating income increased by 28.6 % to 25.1 million euros in 2021, while its operating expenses also rose by 27.5 % to 24.7 million euros.