N. Macedonia's Makpetrol lowers net profit in Jan-Sept

Total operating revenues amounted to 22.7 billion denars in the period under review, down 18% year-on-year, the company said in an interim financial statement filed with the stock exchange in Skopje on Tuesday.

Domestic sales totalled 21.9 billion denars, down from 25.9 billion denars in the like period a year earlier, while sales abroad plunged to 643.9 million denars, from 1.7 billion denars.

Makpetrol's operating expenses decreased by 18% to 22.1 billion denars.

Makpetrol has a network of over a hundred filling stations across North Macedonia. The company also has units in neighbouring Serbia and Greece.

The company's shares last traded on the Skopje bourse on October 30, at an average price of 64,029 denars.

(1 euro = 61.54 denars)