March 18 (SeeNews) - North Macedonian wholesale and retail trade company Skopski pazar [MSE:SPAZ] said that its net profit grew by an annual 75% to 11.8 million denars ($218,000/192,000 euro) in 2018.
The company's total operating revenue dropped 46% to 331.6 million denars, as domestic market sales lost 43% to 292.9 million denars, Skopski pazar said in an unaudited financial statement on Friday.
Total operating expenses halved to 278 million denars last year, as cost of goods sold shrank 96% to 8.3 million levs.
Financial revenue rose 30% to 638,000 denars, while financial expenses declined 12% to 39.7 million denars.
(1 euro = 61.53 denars)