Bosnia and Herzegovina, RiTE Ugljevik recorded higher profit in 2022, SEE Energy News
Coalmine and thermal power plant (RiTE) Ugljevik recorded a net profit in the amount of some 290,000 euros in 2022, compared to a profit of some 180,000 recorded in a previous year.
The company’s operating revenues in 2022 increased by 14.5 % year-on-year and amounted to 88.2 million euros, while its operating expenditures rose by 18.6 % to 92.3 million euros.
RiTE Ugljevik recorded a net profit in the amount of some 180,000 euros in 2021, compared to a profit of 780,000 euros in 2020.
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