November 6 (SeeNews) - Macedonia's largest bakery Zito Luks said on Tuesday it turned to a net loss of 60.4 million denars ($1.4 million/977,000 euro) for the first nine months of 2007 from 500,000 denars net profit for the same period an year ago.
Company officials were not immediately available to comment.
Following are figures from the company's income statement sent to the Macedonian Stock Exchange (MSE), where the company is listed (in millions of denars):
|
|
Jan-Sept'07 |
Jan-Sept'06 |
| NET PROFIT/LOSS |
-60.4 |
0.5 |
| SALES REVENUE |
831.6 |
779.8 |
Company's shares closed at 1,080.1 denars on Monday, 9.04% up from Friday, according to the latest data available.
Zito Luks AD Skopje is controlled by Elbisco Holdings S.A., a baked goods producer that is part of Filippou Group, one of Greece's top food companies.
(1 euro = 61.853 Macedonian denars)