November 10 (SeeNews) - North Macedonia's Tehnokomerc [MSE:TEHN], a retailer of car spare parts, tires, batteries, construction machines and hydraulic hoses, said it closed the first nine months of 2022 with a net loss of 12.4 million denars ($201,950/201,800 euro), compared to a net profit of 76.2 million denars reported for the same period last year.
The company's operating revenue fell 34% on the year to 382.8 million denars in the period under review, although export revenue doubled year-on-year to 714,000 denars, Tehnokomerc said in an interim financial statement on Wednesday.
Revenues from domestic sales fell 32% on the year in the nine months through September, to 380.4 million denars.
Tehnokomerc's total operating costs amounted to 391.5 million denars in the January-September period, compared with 490 million denars a year earlier.
(1 euro = 61.54 denars)