Profit of a State-owned Company exceeded 10 million BAM

March 6, 2018 10:15 AM

Company Unis Ginex from Gorazde, which is one of the leaders of the military industry of BiH, announced the Report on Business Operations for the year of 2017 on the Sarajevo Stock Exchange.

The report confirms data on the total revenue that amounted to 43.5 million BAM.

According to the report, business revenue of the company amounted to about 40 million BAM last year, of which 31.6 million BAM was achieved through exports.

In comparison, business revenue achieved a year before amounted to 36.5 million BAM.

Moreover, a significant amount of revenues was achieved under “other revenues”, which mostly refers to “gains from the sale of materials”, in the amount of about 3.4 million BAM.

According to the published report, the net profit of the company amounted to about 10.3 million BAM in 2017, which represents an increase of 9.8 million BAM in comparison to the previous year.

The majority owner of Unis Ginex is the Government of the FBiH.

(Source: biznisinfo.ba)

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