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N. Macedonia's Oilko KDA posts flattish net profit in H1

N. Macedonia's Oilko KDA posts flattish net profit in H1 Author: Oilco / All rights reserved.

SKOPJE (N. Macedonia), August 1 (SeeNews) - North Macedonia's oil products transport company Oilko KDA [MSE:OILK] said that its net profit totalled 26.7 million denars ($443,127/432,867 euro) in the first half of 2022, slightly lower than the profit of 27 million denars booked in the same period last year.

Total operating revenues rose 23% year-on-year to 256 million denars in the six months through June, as sales increased both abroad and at home, the company said in an interim financial statement last week.

Domestic sales added 21% year-on-year in January-June 2022, reaching 235.7 million denars, while sales abroad rose 52% to 20 million denars.

Operating expenses rose 27% on the year to 226 million denars in the period under review.

(1 euro = 61.68 denars)

 
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