Bosnia's Hidroelektrane na Vrbasu net profit falls in H1
Author: U.S. Army Corps of Engine. License: Creative Commons, Attribution 2.0 Generic.
Bosnian hydro power producer Hidroelektrane na Vrbasu [BANJ:HELV-R-A] said its net profit fell 10.6% on the year to 912,014 marka ($552,278/466,305 euro) in the first half of 2017.
Operating income dropped 7.4% to 7.5 million marka through June while operating costs fell 5.7% to 6.6 million marka, Hidroelektrane na Vrbasu (HEV) said in a filing with the Banja Luka Stock Exchange.
HEV is part of power utility Elektroprivreda Republike Srpske.