March 18 (SeeNews) - North Macedonian forwarding company Fersped [MSE:FERS] said that its net profit soared 71% to 84.3 million denars ($1.6 million/1.4 million euro) in 2018.
Total operating revenue rose 9% to 3.48 billion denars last year, Fersped said in an unaudited financial statement on Friday.
Domestic market sales revenue added 10% to 3.3 billion denars, while sales abroad edged down 1% to 163 million denars.
Fersped's operating expenses increased 8% to 3.38 billion denars, as expenses for services grew 13% to 2.38 billion denars.
Fersped was established in 1968 and privatised in 1995.
(1 euro = 61.54 denars)