Montenegro's Luka Kotor Reports Slight Increase in 9-Month Net Profit
Montenegro's Adriatic sea port operator Luka Kotor announced that its net profit for the first nine months of 2025 increased slightly year-over-year, reaching 2.23 million euros (approximately 2.56 million dollars). This rise was driven by increases in both revenue and expenditures compared to the same period in 2024.
Financial Highlights
- Net profit in January-September 2025: 2.23 million euros
- Net profit in the same period of 2024: 2.22 million euros
- Revenue and costs both increased during this period
Context and Industry Insights
This growth reflects ongoing developments in Montenegro’s logistics sector amidst the broader emerging economy landscape in Southeast Europe.
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Author's summary: Luka Kotor's slight profit increase highlights steady growth amid rising revenue and costs, emphasizing its role in Montenegro's expanding economy and logistics sector.