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N. Macedonia's Prilepska Pivarnica posts higher profit in Jan-Sept

N. Macedonia's Prilepska Pivarnica posts higher profit in Jan-Sept Marjan Lazarevski/CC BY-ND 2.0

SKOPJE (N. Macedonia), November 1 (SeeNews) - North Macedonia-based brewer and soft drinks producer Prilepska Pivarnica [MSE:PPIV] said that its nine-month net profit grew 8% year-on-year, reaching 157.7 million denars ($3 million/2.6 million euro).

Operating revenues grew 3% on the year to 1.34 billion denars in the nine months through September, Prilepska Pivarnica said in an interim financial statement on Friday.

Revenues from domestic sales went up 3% to 1.3 billion denars, while sales from abroad decreased 16% on the year to 10.2 million denars in the first nine months of the year.

The company's operating costs rose 4% year-on-year to 1.2 billion denars in the period under review.

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 = 61.56 denars)