In the first six months of 2016, Klas JSC Sarajevo generated net profit in the amount of 1.7 million BAM, according to the financial report of the company published on the Sarajevo Stock Exchange.
This is a better financial result than in the same period last year, when the profit amounted to 300.000 BAM.
Klas generated business income in the amount of 38.3 million BAM, which is more than in the same period last year when the business income amounted to 36.7 million BAM.
Business expenditures amounted to 35.8 million BAM and are slightly higher than in the first six months of 2015, when they amounted to 35.2 million BAM. Increased expenditures are mostly a consequence of higher purchase value of the sold goods.
The company generated profit on the basis of other incomes and expenditures in the amount of 389.000 BAM.
Long-term liabilities of the company reduced from 37.4 million BAM to 26.4 million BAM, while short-term liabilities increased from 28,3 million BAM to 38.2 million BAM.