Nestro Petrol announced consolidated earnings results for the first quarter ended March 2016. The company announced its consolidated net loss narrowed to BAM 283,600 ($164,600/EUR 145,000) in the three months through March from BAM 1.3 million in the like period a year earlier. The company's consolidated operating income dropped to BAM 41.09 million in the first quarter from BAM 45.19 million a year earlier, while total costs followed the downward trend and decreased to BAM 41.11 million from BAM 45.52 million.