March 16 (SeeNews) - North Macedonia-based retailer Skopski Pazar AD Skopje [MSE:SPAZ] said that its net profit grew to 24.58 million denars ($445,908/397,843 euro) in 2019, compared to 11.8 million denars booked in the previous year.
Skopski Pazar's operating revenue was up 13.4% year-on-year to 376.06 million denars in 2019, the company said in an annual financial statement on Friday.
The retailer's operating expenses rose by an annual 16.9% to 325.06 million denars last year.
Skopski Pazar's shares last traded on the Skopje bourse on October 28 at an average price of 18,999 denars per share.
(1 euro = 61.5821 denars)