Operating revenue fell 40% to 112.3 million denars in the first nine months, while operating costs dropped to 99.7 million denars from 186.5 million denars, the company said last week in a filing with the Macedonian Stock Exchange.
Tehnometal Vardar (www.tehnometal-vardar.com.mk) operates in wholesale and retail of a wide range of products, including electronics, vehicles, fire-fighting equipment, as well as metallurgical and non-metal products.
(1 euro = 61.5050 Macedonian denars)