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Macedonian Lottery 9-mo Prelim Pre-Tax Loss Narrows 49.4% - Table

Oct 30, 2009, 3:01:27 PMArticle by Valentina Dimitrievska
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October 30 (SeeNews) - Lotarija na Makedonija AD Skopje, the Macedonian lottery operator, said on Friday it halved its preliminary pre-tax loss in the first nine months to 45.824 million denars ($1.1 million/ 745,300 euro) from 90.485 million denars a year ago.

Macedonian Lottery 9-mo Prelim Pre-Tax Loss Narrows 49.4% - Table

Following are figures from the company's income statement sent to the Macedonian Stock Exchange (MSE), where it is listed (in millions of denars):

9-Mo'09 9-Mo'08
PRE-TAX LOSS 45.824 90.485
SALES REVENUE 144.828 238.643
OPERATING LOSS 69.723 94.868


The company's shares were quoted flat at 450 denars by 1300 GMT on the MSE on Friday.

Lotarija na Makedonija (www.lotarija.com.mk) is 59.72%-owned by local private holding company Fersped.

(1 euro = 61.4837 Macedonian denars)

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