May 7 (SeeNews) - North Macedonia-based forwarding company Fersped [MSE:FERS] said that its non-consolidated net profit increased by 28% year-on-year to 18.8 million denars ($367,000/303,900 euro) in the first quarter of 2021.
Fersped's operating revenue rose by an annual 31% to 969.2 million denars in the January-March period, as domestic sales added 32% to 909.4 million denars, while sales abroad gained 27% to 56.9 million denars, the company said in an interim financial statement filed with the Skopje bourse last week.
Its operating expenses were up 32% year-on-year to 948 million denars in the first quarter of the year.
Fersped was established in 1968 as a state-owned company and was privatised in 1995.
(1 euro = 61.86 denars)