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Oct 31, 2017 15:58 EEST
SKOPJE (Macedonia), October 31 (SeeNews) – Macedonian textile products manufacturer Teteks [MSE:TETE] said on Tuesday its non-consolidated net profit rose to 48.1 million denars ($910,200/782,000) in the first nine months of 2017 from 42.2 million denars in the like period of last year.
The company’s operating revenue fell to 202.2 million denars in January-September from 262.5 million denars in the corresponding period of 2016, Teteks said in a bourse filing.
Operating expenses decreased to 185.1 million denars in the review period from 226.0 million denars the year before.
Teteks’ financial revenue rose to 38.2 million denars in the first nine months of 2017 from 20.5 million denars in the prior-year period, while financial expenses fell to 703,000 denars from 732,000 denars.
(1 euro = 61.51 denars)
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