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N. Macedonia's Skopski Pazar net profit up 15% in 2023

Feb 26, 2024, 3:55:13 PMArticle by Dragana Petrushevska
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February 26 (SeeNews) - North Macedonia-based retailer Skopski Pazar AD Skopje [MSE:SPAZ] said on Monday that its net profit went up 15% on the year in 2023, reaching 120.5 million denars ($2.1 million/2 million euro).

N. Macedonia's Skopski Pazar net profit up 15% in 2023
Moldovan market Source: IFC

Skopski Pazar's operating revenue edged up by an annual 3% to 379.2 million denars in 2023, the company said in an annual financial statement filed with the Skopje bourse.

The retailer decreased its operating expenses 2% year-on-year to 233.9 million denars in the year under review.

Skopski Pazar's shares last traded on the Skopje bourse on November 7 at an average price of 7,000 denars per share.

(1 euro = 61.65 denars)

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