According to the company report published on the Sarajevo Stock Exchange, in 2015 Igman Konjic generated profit of 32.03 million BAM.
That is a several times better result than in 2014, when the net profit amounted to 8.3 million BAM. Igman increased operational revenues by around 60 percent, from 58.9 million BAM to 93.9 million BAM. Larger profit is a result of significantly increased sales on foreign markets, where the majority of products are placed.
Operational expenditures amounted to 77.4 million BAM, in comparison with 59.7 million BAM in 2014.
Increase in expenditures is a result of bigger material costs, as well as higher costs of wages and other kinds of personal incomes, given that the number of employees increased by 190, from 931 to 1.121.
The company generated greater profit than other incomes and expenditures (14.7 million BAM compared with 8.6 million BAM in the previous year) as a result of liabilities written off, abolition of reservations and other incomes, and incomes from material sales.
Majority owner of Igman is FBiH with 51 percent of shares, ZIF Bonus owns 23.3 percent, ZIF Bosfin 21 percent and ZIF BIH 4.0 percent of shares, plus other minor shareholders.
(Source: akos.ba)
