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Nov 05, 2009 12:34 EEST
November 5 (SeeNews) - Macedonia's leading wine producer, Tikves AD, said its preliminary net profit through September fell by 19.3% on the year to 15.9 million denars ($382,470/258,120 euro).
Following are figures from Tikves' income statement sent to the Macedonian Stock Exchange (MSE) where it is listed (in millions of denars):
The company’s shares were quoted flat at 4,000 denars by 1100 GMT on Thursday.
Tikves (www.tikves.com.mk) is based in Kavadarci, in southern Macedonia. It processes some 50,000 tonnes of grapes a year to produce an average 35 million litres of wine. It makes blended wines from 30 grape varieties and sells them under 24 brands.
Tikves exports its output to Serbia, Montenegro, Croatia, Bosnia and Herzegovina, Albania, the European Union, Russia, Ukraine, Canada, Australia and the U.S.
(1 euro=61.5997 Macedonian denars)
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