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Bosnia’s RiTE Gacko 2011 Net Profit Falls


24.4.2012 15:32:00 | Author/Source www.seenews.com

Bosnian coal mining and energy complex RiTE Gacko [BANJ:RITE-R-A] said on Tuesday its 2011 net profit fell to 1.6 million marka ($1.1 million/818,070 euro) from nearly 2.1 million marka a year earlier.

Total income rose to 1.28 billion marka from 1.22 billion marka a year earlier, while total costs increased to 1.26 billion marka from 1.20 billion marka, it said in a statement sent to the Banja Luka Stock Exchange.


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