March 7 (SeeNews) - North Macedonia's oil products transport company Oilko KDA [MSE:OILK] said that its net profit went up 44% year-on-year to 171.7 million denars ($3 million/2.8 million euro) in 2022.
Total operating revenue gained 24% on the year, reaching 578 million denars in 2022, as sales increased both abroad and at home, the company said in an annual financial statement last week.
Domestic sales grew 22% to 537 million denars, while sales abroad rose 41% to 40.4 million denars.
Operating expenses increased 21% on the year to 474.5 million denars in 2022.
Oilko KDA's shares have not traded on the Macedonian Stock Exchange (MSE) in the past year.
(1 euro = 61.59 denars)