October 26 (SeeNews) - North Macedonia-based textile products manufacturer Teteks [MSE:TETE] said on Thursday that its net profit reached 40.4 million denars ($692,027/656,328 euro) in the first nine months of 2023, compared with a net profit of 18.3 million denars booked in the like period a year earlier.
Sales revenues surged to 114.8 million denars in the January-September period, up from 37.2 million denars in the first nine months of 2022, Teteks said in a bourse filing.
Total operating expenses came in at 120.8 million denars in the period under review, higher than 48.7 million denars in the same period of 2022.
Teteks' shares last traded on the Macedonian Stock Exchange (MSE) on October 21, at an average price of 3,080 denars.
(1 euro = 61.55 denars)