March 12 (SeeNews) - North Macedonian real estate management company Sovremen Dom AD Prilep [MSE:SDOM] said that its net profit more than doubled to 21.54 million denars ($394,800/350,700 euro) in 2019, compared to 10.71 million booked the previous year.
Operating revenue, however, was 22% lower on the year at 177.5 million denars in 2019, the company said in an annual financial statement on Wednesday.
Sales abroad decreased by an annual 10% to 75.2 million denars, while domestic sales fell by 10% to 98.99 million denars.
The company's operating expenses amounted to 147.47 million denars, down 26% year-on-year.
Sovremen Dom's shares last traded on the Skopje bourse on January 17 at an average price of 30 denars per share.
(1 euro = 61.4169 denars)