N. Macedonia's Veteks sees net profit drop 7.3% in 2019

Operating revenue decreased by 2.5% year-on-year to 288.01 million denars, while operating costs fell nearly 6% to 277.6 million denars, the company said in its 2019 annual financial statement filed with the Skopje bourse on Tuesday.

Financial revenues were down 38% to 2.12 million denars, whereas financial expenses rose 18.21% to 318,000 denars.

Shares of Veteks last traded on the Skopje bourse on April 11, 2019, when they closed at 945 denars.

(1 euro = 61.6002 denars)