Bosnia: Fabrika Cementa Lukavac first-half net profit down 45%

The net profit of Bosnian cement maker Fabrika Cementa Lukavac (FCL) dropped 45 per cent to BAM4.2m (EUR2.1m) in the first half of 2015, according to company data released Tuesday.

Operating income dropped 17.3 per cent to BAM23m through June, hile operating costs fell 12.4 per cent to BAM19.2ma, the company said in filing with the Sarajevo Stock Exchange.

FCL, which is owned by Austria-based Asamer Holding, has the largest cement plant in Bosnia with a clinker capacity of 0.6Mta and a cement capacity of 0.9Mta.