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Bosnia and Herzegovina, Krajinapetrol has recorded a net loss in the amount of some 110,000 euros in the first nine months of 2021

28.Nov 2021.

Bosnian fuel trader Krajinapetrol announced that it has recorded a net loss in the amount of some 110,000 euros in the first nine months of 2021, compared to a loss of 236,000 euros recorded in the same period last year.

The company’s operating income increased by 23.9 % to 18.2 million euros in January- September 2021 period, while its operating expenses also rose by 23.1 % to 18.3 million euros.

Krajinapetrol recorded a net loss in the amount of some 116,000 euros in 2020, compared to a profit of 750,000 euros recorded in the previous year. The company’s operating income decreased by 29 % year-on-year to 19.9 million euros, while its operating expenses also fell by 26.6 % to 19.6 million euros.