Profit of the Port of Bar almost EUR 500,000

Montenegrin Port of Bar ended the second trimester with a net profit of EUR 469,900, while it ended the year with a loss of EUR 1.3m. The report on the operations of the company, published on the website of the Securities Commission, states that the total income for six months reached EUR 3.89m, while profit from business activities amounted to EUR 485,800.

At the end of the second trimester, expenses of the employees of the Port of Bar amounted to EUR 1.87m, while the amortisation was EUR 554,100. Other business expenses amounted to EUR 532,500. Total assets of the company amounted to EUR 75.81m at the end of the first half of the year.

News source: Limun.hr link: article