May 10 (SeeNews) - North Macedonia's car dealer Automakedonija [MSE:AUMK] said that its consolidated net profit rose by an annual 5.7% in the first quarter of 2021, reaching 3.9 million denars ($76,600/62,900 euro).
The company's total operating revenue grew 46.1% on the year in the three months through March, to 133.2 million denars, it said in a filing with the Skopje bourse.
Operating expenses increased 44.1% on the year to 131.3 million denars in the quarter under review, as cost of goods sold rose 69.9% to 103.3 million denars.
Founded in 1946, Automakedonija is the official dealer of Opel, Isuzu, Ssang Yong and Piaggio Commerical for North Macedonia.
(1 euro = 61.95 denars)