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Montenegrin Bauxite Mining Co Rudnici Boksita 2011 Net Loss Shrinks

27.4.2012 12:37:00 | Author/Source www.seenews.com

Montenegrin bauxite mining company Rudnici Boksita said its net loss shrank to 14.2 million euro ($18.8 million) in 2011 from 21.2 million euro a year earlier. Its operating income fell to 3.1 million euro in 2011 from 4.6 million euro a year ago, while operating expenditures dropped to 11.4 million euro from 21.5 million euro, Rudnici Boksita said in its financial report sent to the Montenegro Stock Exchange.

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