October 26 (SeeNews) - Macedonian leading electronic equipment producer EMO AD said on Monday its preliminary consolidated net loss widened to 263.4 million denars ($6.5 million/4.3 million euro) in the January-September period from 63.7 million denars a year ago.
The company did not elaborate on the reasons for extending its loss.
Following are details from EMO's income statement filed with the Macedonian Stock Exchange, where the company is listed (in millions of denars):
|
Jan-Sept'09 |
Jan-Sept'08 |
NET LOSS |
263.40 |
63.72 |
PRE-TAX LOSS |
263.40 |
63.72 |
OPERATING LOSS |
209.98 |
57.19 |
SALES REVENUE |
1,286 |
2,256 |
EMO’s stock closed flat at 300 denars on Monday.
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 and other industrial projects on a turn-key basis.
(1 euro=61.1871 Macedonian denars)