March 17 (SeeNews) - North Macedonia-based retailer Skopski Pazar AD Skopje [MSE:SPAZ] said on Friday that its net profit went up 57% on the year in 2022, reaching 104.5 million denars ($1.8 million/1.7 million euro).
Skopski Pazar's operating revenue rose by an annual 27% to 367.4 million denars in 2022, as revenues from sales grew 6% to 303.8 million denars, the company said in an annual financial statement filed with the Skopje bourse.
The retailer reported an annual rise of 14% in its operating expenses to 239.2 million denars in the year under review.
Skopski Pazar's shares last traded on the Skopje bourse on May 25 at an average price of 7,000 denars per share.
(1 euro = 61.71 denars)