SKOPJE (Macedonia), March 3 (SeeNews) – Macedonian marble producer Mermeren Kombinat [MSE:MERM] said on Monday its net profit halved to 59.1 million denars ($1.3 million/958,170 euro) in 2013 from 111 million denars a year earlier.
Sales revenues rose 27% on the year to 1.03 billion denars in 2013, while operating profit fell to 80.7 million denars from 140 million denars, Mermeren Kombinat said in its annual financial statement sent to the Macedonian Stock Exchange.
Mermeren Kombinat a.d. Prilep is majority-owned by Dutch investment fund Stone Works Holdings Cooperatief. Its business includes extraction, processing and sales of marble.
(1 euro = 61.6850 Macedonian denars)