August 6 (SeeNews) - North Macedonia's brewer and soft drinks producer Prilepska Pivarnica [MSE:PPIV] said its net profit grew 17% on the year in the first half of 2021, reaching 59.3 million denars ($1.1 million/964,000 euro).
Prilepska Pivarnica's operating revenue increased by an annual 4% to 760 million denars in the first half of 2021, while operating costs rose 5% to 737.7 million denars, the company said in an interim financial statement filed with the Skopje bourse earlier this week.
The company saw its first-half domestic sales revenue swell 4% on the year to 747 million denars. Sales revenue from foreign markets fell 31% to 5.9 million denars.
Cost of goods sold went up 7% year-on-year to 137.6 million denars, while expenses for consumed materials rose to 311.3 million denars in the first half of 2021, up 4% on an annual comparison basis.
Prilepska Pivarnica was founded in 1924. It produces beer under the trademarks Zlaten Dab and Krali Marko and holds the licences for distributing Tuborg and Carlsberg brands in North Macedonia. It also produces carbonated non-alcoholic drinks, fruit nectar soft drinks and bottles the products of Pepsi Cola International.
(1 euro = 61.52 denars)