November 30 (SeeNews) - Macedonian construction company Beton Stip [MSE:BEST] said on Friday that it narrowed its consolidated net loss to 14.9 million denars ($273,000/241,000 euro) in the January-September period of 2018 from 63.7 million denars in the same period of 2017.
The company's operating revenue halved to 151 million denars in the first nine months of the year, Beton Stip said in an interim financial statement.
Operating expenses fell by an annual 32% to 230 million denars.
Financial revenue more than tripled to 86.2 million denars in the review period from 26.6 million denars the year before, while financial expenses edged down 1% to 22.1 million denars.
Beton Stip, based in eastern Macedonia, was part of Beton Skopje [MSE:BESK] until 1995.
(1 euro = 61.49 denars)