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Albanian unit of Sport Vision's 2023 net profit flattish y/y

Jun 24, 2024, 11:31:28 AMArticle by Genta Hodo
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June 24 (SeeNews) - Albanian sporting goods retailer and wholesaler In Sport, majority-owned by Serbian retailer Sport Vision, said it recorded a net profit of 518.4 million leks ($5.5 million/5.2 million euro) last year, almost unchanged from 2022.

Albanian unit of Sport Vision's 2023 net profit flattish y/y
Photo: Sport Vision Albania

Sales revenue increased 9% year-on-year to 2.1 billion leks in 2023, In Sport said in a financial report filed with Albania's business register last month.

In 2023, expenditures surged to 1.5 billion leks, from 1.35 million in the previous year.

In Albania, In Sport operates ten Sport Vision stores, three stores of Serbian urban sneaker retailer Buzz, two Nike stores, and the budget-friendly Sports Reality chain.

(1 euro = 100.26 Albanian leks)

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