Energopetrol Sarajevo has achieved net loss of 2,7 MEUR in the first half of this year, which is less than the same period last year, when it reported a loss of 3,5 MEUR.
Energopetrol achieved operating revenues of 40 MEUR in the first half of the year, which is a slight increase over the previous year, when revenues amounted to 44, 5 MEUR.
The increase in operating income was affected by sales growth both in domestic and foreign markets. The company achieved operating expenses of 41, 7 MEUR in the same period, compared to 42, 4 MEUR in the same period last year.
The decrease in operating expenses was mostly influenced by lower costs of salaries and other emoluments of employees which amounted to 4, 4 MEUR compared to 4, 6 MEUR a year earlier.
Loss from operations was 2, 7 MEUR and it decreased compared to the same period last year when it stood at 2, 85 MEUR.