Profit of Luke Bar 250.000 euros

The company partially reduced the accumulated loss from previous years

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The company's liabilities are 13,4 million euros: Luka, Photo: Shutterstock
The company's liabilities are 13,4 million euros: Luka, Photo: Shutterstock
Disclaimer: The translations are mostly done through AI translator and might not be 100% accurate.

The Port of Bar achieved a net profit of 250 thousand euros for the first three months, which is 42 thousand better than last year for the same period, according to a report published on the website of the Montenegro Stock Exchange.

For this period, the company achieved a business income of 3,7 million euros, which is about 200 thousand less. Other income was worth 185 thousand euros and was three times higher in the last year's comparative period.

Business expenses amounted to EUR 1,8 million and were about EUR 200 lower than last year, but salary expenses increased from EUR 1,55 to EUR 1,78 million.

The undistributed loss of the company from previous years at the end of March amounted to 13,8 million euros. The company's long-term and short-term liabilities amount to 13,4 million euros.

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