December 6 (SeeNews) - North Macedonia-based forwarding company Fersped [MSE:FERS] said that its consolidated net profit fell by an annual 19% to 98 million denars ($1.8 million/1.6 million euro) in the first nine months of the year.
Fersped's operating revenue increased 2% year-on-year to 3 billion denars in the January-September period of the year, the company said in an interim financial statement.
Domestic sales added 3% to 2.8 billion denars, while sales abroad fell 3% to 208.6 million denars.
The company's operating expenses rose 2% to 2.9 billion denars in the review period, as expenses for hired services grew 12% to 2 billion denars.
Fersped was established in 1968 and privatised in 1995.
(1 euro = 61.48 denars)