November 5 (SeeNews) - Macedonian holding company Zito Vardar AD said on Thursday it turned to preliminary consolidated net profit of 8.46 million denars ($203,502/137,338 euro) through September from a loss of 66.08 million denars a year earlier.
Following are figures from Zito Vardar's income statement sent to the Macedonian Stock exchange (MSE) where the company is listed (in millions of denars):
|
Jan-Sept'09 |
Jan-Sept'08 |
NET PROFIT/LOSS |
8.46 |
-66.08 |
PRE-TAX PROFIT/LOSS |
11.01 |
-72.73 |
OPERATING PROFIT/LOSS |
40.42 |
-36.84 |
SALES REVENUES |
1,008 |
1,013 |
The company's shares closed flat at 2,800 denars on Thursday.
Based in the central city of Veles, Zito Vardar is a holding company that specialises in food processing. It manufactures and distributes fresh meat and processed meat products, eggs, bread, flour and pastry under the Zi-Va brand. It has nine subsidiaries across the country.
(1 euro = 61.5995 Macedonian denars)