TCK announces 42% fall in net profit

Bosnia's Tvornica Cementa Kakanj (TCK) has announced that its net profit fell 42 per cent YoY to BAM5.3m (US$3m) for the 1H19, compared with BAM9.1m in the year-ago period.

Operating revenue decreased 9.7 per cent to BAM32.2m in the first six months of the year, while operating costs rose 0.8 per cent to BAM26.8m.