March 11 (SeeNews) - North Macedonia's mining company Nemetali Ograzden AD Strumica [MSE:NME] said its net profit fell to 369,000 denars ($6,785/5,996 euro) in 2019 from 390,000 denars the previous year.
Operating revenue rose nearly 10% to 154.29 million denars, while operating costs increased by 9.4% to 149.46 million denars, according to the company's annual financial statement filed with the Skopje bourse on Tuesday.
Financial revenues skyrocketed 546% year-on-year to 207,000 denars, whereas financial expenses fell to 4.87 million denars in 2019, down 4.1% compared to the previous year.
The company's shares have not traded on the Skopje bourse in the past year.
(1 euro = 61.5405 denars)