N. Macedonia's Veteks net profit falls 3.4% in Q1

Operating revenue decreased by 16% year-on-year to 87.9 million denars, while operating expenses fell 17% to 81.52 million denars, the company said in an interim financial statement filed with the Skopje bourse.

Domestic sales dropped 15.5% to 44.27 million denars, whereas sales abroad fell to 43.63 million denars in the review period, down an annual 17.8%.

(1 euro = 61.55 denars)