November 20 (SeeNews) - North Macedonia-based forwarding company Fersped [MSE:FERS] said that its non-consolidated net profit fell by an annual 16% to 74.5 million denars ($1.3 million/1.2 million euro) in the first nine months of the year.
Fersped's operating revenue increased 5% year-on-year to 2.7 billion denars in the January-September period of the year, the company said in an interim financial statement.
Domestic sales added 2% to 2.5 billion denars, while sales abroad were 81% higher at 184.2 million denars.
The company's operating expenses rose 6% to 2.6 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 = 61.53 denars)