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Macedonia’s Makosped 9-mo Prelim Net Profit Falls 96.6% - Table

Nov 12, 2009, 12:16:30 PMArticle by Valentina Dimitrievska
share
November 12 (SeeNews) - Macedonian transport, insurance and retail holding company Makosped AD said on Thursday its preliminary net profit through September fell 96.6% year-on-year to 5.5 million denars ($133,970/89,150 euro).

Macedonia’s Makosped 9-mo Prelim Net Profit Falls 96.6% - Table

Following are details from Makosped's income statement filed with the Macedonian Stock Exchange (MSE), where the company is listed (in millions of denars):

9-Mo'09 9-Mo'08
NET PROFIT 5.5 160.6
PRE-TAX PROFIT 6.1 169.8
OPERATING PROFIT/LOSS 6.8 168.6
SALES REVENUE 106.6 1,252

Makosped shares were trading at 534 denars by 1050 GMT on Thursday, 11.2% up from a day earlier.

Makosped (www.makosped.com.mk) is active in international forwarding services, warehousing, export and import trade and retail. The company has 20 units across Macedonia and six representative offices abroad. It is the general distributor of Suzuki Maruti subcompact cars for Macedonia and also operates two discount supermarkets.

(1 euro = 61.6935 Macedonian denars)

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