December 29 (SeeNews) - Macedonian hotel and catering services company Makedonijaturist [MSE:MTUR] said on Friday its gross profit is expected to increase by 14% to 113.1 million denars ($2.2 million/1.84 million euro) in 2018, from an estimated 99.44 million denars in 2017.
Total revenues are expected to rise by 8% to 326.4 million denars in 2018 and total expenses are seen adding 5% to 213.3 million denars, Makedonijaturist said in an annual business plan filed on the Macedonian Stock Exchange.
Makedonijaturist runs five hotels and one restaurant in the country.
(1 euro = 61.47 denars)