March 12 (SeeNews) - North Macedonia's Tajmiste AD Kicevo [MSE:TAJM], a company active in the mining, hospitality and metal products industries, said it turned to a net loss of 41.33 million denars ($757,110/673,239 euro) last year, from a net profit of 113,000 in 2018.
Operating revenue rose by 20.4% year-on-year to 122.42 million denars in 2019, the company said in a filing with the Skopje bourse on Wednesday.
Sales revenue, all of it from the domestic market, fell to 77.43 million denars, down 9.4% compared to 2018.
Total operating costs surged 59.6% to 152.89 million denars.
Tajmiste's shares last traded on the Skopje bourse on January 13 at an average price of 1,550 denars.
(1 euro = 61.3898 denars)