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Sarajevo Times > Blog > BUSINESS > Sarajevo Company Producing Ammunition records Great Increase in Revenues
BUSINESS

Sarajevo Company Producing Ammunition records Great Increase in Revenues

Published: March 24, 2023
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The company Pretis from Vogosca near Sarajevo achieved a large increase in revenue and earnings last year.

The company’s total revenues increased last year to around 54 million BAM.

For the sake of comparison, a year earlier they amounted to around 45.3 million BAM. However, this difference does not show the true picture of things.

Namely, total revenues in 2021 were significantly increased by certain “other revenues and profits”. Actual revenues from operations in 2021, that is, revenues from contracts with customers, were 31.8 million BAM that year, while last year, they increased to 51.4 million.

This means that Pretis increased its sales revenue by as much as 20 million BAM in one year.

At the same time, the company recorded a profit of 5.8 million BAM last year, while the year before it operated with a loss of around 1 million BAM.

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