SeenewsSeenews
Search
Seenews
AlertsSeenewsSeenews
Searchclose
TOPICS
arrow
COUNTRIES
arrow
INDUSTRY
arrow
Economy
arrow
Browse Economy
Mix and match your focus countries with our advanced search
Investments
arrow
Browse Investments
Mix and match your focus countries with our advanced search
Deals
arrow
Browse Deals
Mix and match your focus countries with our advanced search
Tech
arrow
Browse Tech
Mix and match your focus countries with our advanced search
Green
arrow
Browse Green
Mix and match your focus countries with our advanced search
0/5
You have 5 free articles left this month
You have 0/5 free articles
Sign up to get 5 more free articles this month
SIGN UP
arrow
LOGIN
arrow

N. Macedonia's Makedonijaturist net profit surges in 2023

Feb 28, 2024, 12:01:12 PMArticle by Dragana Petrushevska
share
February 28 (SeeNews) - North Macedonia-based hotel and catering services company Makedonijaturist [MSE:MTUR] said its net profit reached 96.4 million denars ($1.7 million/1.6 million euro) in 2023, significantly higher compared with 30.9 million denars booked a year earlier.

N. Macedonia's Makedonijaturist net profit surges in 2023

Total operating revenues rose 32% year-on-year to 345.2 million denars in 2023, whereas operating costs edged up 4% to 301.3 million denars, Makedonijaturist said in an annual financial statement on Tuesday.

Sales revenues, all from the domestic market, soared to 341.7 million denars in 2023 from 258.4 million denars the year before.

Makedonijaturist's shares last traded on the Macedonian Stock Exchange on February 21, at an average price of 5,000 denars.

(1 euro = 61.59 denars)

Your complete guide to the emerging economies of Southeast Europe. From latest news to bespoke research – the big picture at the tip of your fingers.