April 26 (SeeNews) - Macedonia's sole oil refinery Okta said its preliminary net profit rose to 250.977 million denars ($5.9 million/4.1 million euro) in the first quarter from 7.913 million denars a year earlier.
Following are details from Okta’s income statement sent to the Macedonia’s Securities and Exchange Commission (in millions of denars):
|
Q1'11 |
Q1'10 |
NET PROFIT |
250.977 |
7.913 |
PRE-TAX PROFIT |
255.343 |
7.913 |
OPERATING PROFIT/LOSS |
+251.088 |
-15.326 |
SALES REVENUE |
8,789.7 |
6,208.7 |
Greek oil group Hellenic Petroleum’s subsidiary EL.P.ET. Balkaniki owns 81.5% of the Macedonian refinery.
Okta had 780 employees at the end of June 2010.
(1 euro= 61.5655 Macedonian denars)
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