November 1 (SeeNews) - North Macedonia-based cigarette producer Tutunski Kombinat Prilep (TKP) [MSE:TKPR] said that its net profit fell to 1.1 million denars ($18,387/18,485 euro) in the nine months to end-September, down from 3.6 million denars in the like period of last year.
Total operating revenues decreased 1% on the year to 806.5 million denars, while operating costs edged down 14% to 791.5 million denars, the company said in an interim financial statement on Monday.
Revenues from the domestic market rose 19% on the year to 230.4 million denars in the nine months through September. Revenues from sales abroad decreased 10% to 556.1 million denars.
(1 euro = 61.64 denars)