Macedonia’s Makosped swings to non-cons net loss in H1

The company’s operating income fell 24% year-on-year to 28.2 million denars in the first half of 2017, Makosped said in a bourse filing on Thursday.

Operating costs fell 3% to 32.6 million denars in the period under review.

Last month, Makosped acquired 257 shares in local peer Fersped [ME:FERS], boosting its stake in the company to 8.82%.

Makosped is active in international forwarding services, warehousing, export and import trade and retail. The company has 20 units across Macedonia and four representative offices abroad.

(1 euro = 61.4733 denars)