N. Macedonia's Replek posts steep rise in 9-mo net profit

Replek's operating revenue was up 26% on the year to 1.1 billion denars in January-September, whereas operating costs were 19% higher at 1 billion denars, the company said in an interim financial statement filed with the Skopje bourse on Tuesday.

Sales revenues from the domestic market lost 17% on an annual comparison basis, standing at 245 million denars in the first nine months of the year. Sales revenues from abroad went up 52% to 876.9 million denars.

Replek's shares last traded at an average price of 87,000 denars on the Macedonian Stock Exchange (MSE) on October 6, according to the latest available bourse data.

(1 euro = 61.58 denars)