Bosnia: Energoinvest’s net profit increased ten times in 2015

31. May 2016. / SEE Energy News

On the basis of its business operations, Energoinvest recorded a loss of some 470,000 euros in 2015, compared to last year’s loss of 2.76 million euros. However, on financial income and expenses the company made a profit of 2.8 million euros, while on the basis of other income and expenses it recorded a loss of 1.28 million euros.

A multidisciplinary engineering company Energoinvest recorded a net profit of some 750,000 euros in 2015, which is ten times higher than in the previous year when net profit amounted to around 75,000 euros.

Last year, Energoinvest achieved operational revenues in the amount of 124.2 million euros, which is slightly lower than in 2014 when revenues amounted to 127.1 million euros. On the other hand, operating expenses were 124.7 million euros, compared to 2014 when it amounted to 129.9 million euros.

On the basis of its business operations, Energoinvest recorded a loss of some 470,000 euros in 2015, compared to last year’s loss of 2.76 million euros. However, on financial income and expenses the company made a profit of 2.8 million euros, while on the basis of other income and expenses it recorded a loss of 1.28 million euros.

Energoinvest has 584 employees, which is 34 less than at the end of 2014. The company is majority owned by the Federation of Bosnia and Herzegovina, which holds 67 % stake, transmits Serbia-energy.eu

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