May 8 (SeeNews) - Serbian bus transport company Lasta [BEL:LSTA] said on Wednesday its consolidated net loss narrowed to 596.5 million dinars ($ 5.5 million/5.1 million euro) in 2023 from 935.2 million dinars in the previous year.
Lasta's revenues fell by 7.5% on the year to 7.4 billion dinars, while its expenses grew by an annual 10.3% to 7.8 billion dinars in 2022, the company said in a filing to the Belgrade Stock Exchange.
Sales declined to 7.3 billion dinars in 2023 from 7.9 billion dinars in 2022. Revenue from sales on the domestic market dropped to 6.8 billion dinars from 7.3 billion dinars, while revenue from sales on international markets fell by 13.6% to 481 million dinars.
Lasta's capital is composed of 1,530,960 shares with a nominal price of 550 dinars apiece, according to bourse data.
(1 euro = 117.139 dinars)