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Macedonian Fuel Retailer Makpetrol 9-Mo Prelim Net Profit Up 30.7% - Table

Nov 3, 2008, 10:42:15 AMArticle by Valentina Dimitrievska
share
November 3 (SeeNews) - Macedonia's largest fuel retailer Makpetrol AD on Monday reported a 30.7% annual rise in its preliminary net profit for the first nine months of the year to 143.54 million denars ($2.98 million/2.33 million euro).

Macedonian Fuel Retailer Makpetrol 9-Mo Prelim Net Profit Up 30.7% - Table

Following are data from Makpetrol's income statement (in millions of denars) sent to the Macedonian Stock Exchange:

Jan-Sept'08 Jan-Sept'07
SALES REVENUE 18,281 13,675
OPERATING PROFIT 121.46 64.84
PRE-TAX PROFIT 164.32 123.00
NET PROFIT 143.54 109.86

The shares of Makpetrol AD Skopje (www.makpetrol.com.mk), a blue-chip index heavyweight, closed at 44,350 denars on Friday, 0.8% up from a day earlier.

With its 110 filling stations Makpetrol dominates the domestic market, controlling a share of over 70%.

(1 euro = 61.51 Macedonian denars)

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