April 3 (SeeNews) - North Macedonian forwarding company Fersped [MSE:FERS] said that its consolidated net profit plunged 96% to 4.3 million denars ($79,000/70,000 euro) in 2018.
Fersped's operating expenses increased 11% to 3.84 billion denars, as expenses for services grew 12% to 2.41 billion denars, the company said in an unaudited financial statement on Monday.
Total operating revenue rose 7% to 3.85 billion denars last year.
Domestic market sales revenue added 9% to 3.5 billion denars, while sales abroad edged down 4% to 314 million denars.
Fersped was established in 1968 and privatised in 1995.
(1 euro = 61.52 denars)