RiTE Ugljevik reported earnings results for the six months ended June 2018. The company announced that it swung to a net profit of BAM 3.2 million ($1.9 million/EUR 1.6 million) in the first half of 2018, from a loss of BAM 17.9 million in the same period a year earlier. Operating income jumped 43.4% on the year to BAM 72.4 million in the six months through through June.

The company said earlier it expects to produce 1,780 GWh of electricity in 2018.