losses

Elektrodistribucija Srbije faces losses despite EPS record profit

Despite a record profit of 114.3 billion dinars for Elektroprivreda Srbije (EPS) last year, Elektrodistribucija Srbije (EDS), responsible for distributing electricity to consumers, had a challenging year, as reported by "Danas." Financial reports published on APR reveal that Elektrodistribucija suffered a loss of one billion dinars, equivalent to almost nine million euros. This marks a significant downturn compared to the previous year, 2022, when EDS reported a profit of 250 million dinars, or slightly over two million euros. The separation…