The company’s slaes revenue fell to 7.4 million euro last year from 8.0 million euro in 2022, while its other operating revenue shrank to 403,000 euro from 1.3 million euro, it said in a filing with the Montenegro Stock Exchange earlier this month.
Operating costs also dropped, to 4.3 million euro in 2023 from 4.6 million euro in 2022, while costs from workers’ wages and benefits somewhat increased to 3.9 million euro last year from 3.8 million euro the year before.
The company thus turned to an operating loss of 472,000 euro from an operating profit of 496,000 euro in 2022.
In 2022, however,…