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Macedonia's EMO Halves 9-Mo Cons Unaudited Net Loss - Table

Nov 11, 2008, 6:06:48 PMArticle by Valentina Dimitrievska
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November 11 (SeeNews) - Macedonia’s leading electronic equipment producer Emo AD Ohrid said on Tuesday its nine-month consolidated unaudited net loss totalled 63.72 million denars ($1.32 million/1.04 million euro), compared to 133.12 million denars a year earlier.

Macedonia's EMO Halves 9-Mo Cons Unaudited Net Loss - Table

Following are details from EMO Ohrid income statement filed with the Macedonian Stock Exchange (MSE), where the company is listed (in thousands of denars):

Jan-Sept'08 Jan-Sept'07
NET LOSS 63.72 133.12
PRE-TAX LOSS 63.72 133.12
OPERATING LOSS 58.63 131.37
OPERATING COSTS 2,350 2,411

EMO’s stock was quoted at 450 denars on Tuesday, but no shares changed hands.

EMO (www.emo.com.mk), based in the southwestern lakeside town of Ohrid, was established in 1972. Its line of business is the design, manufacturing and installation of electrical equipment and the construction of power engineering projects and industrial projects on a turn-key basis.

(1 euro = 60.997 Macedonian denars)

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