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N. Macedonia's Vitaminka more than doubles net profit in 2023

Mar 18, 2024, 2:31:14 PMArticle by Dragana Petrushevska
share
March 18 (SeeNews) - North Macedonia’s food company Vitaminka AD Prilep [MSE:VITA] said on Monday that its net profit reached 68.5 million denars ($1.2 million/1.1 million euro) in 2023, after booking a net profit of 29.8 million denars the previous year.

N. Macedonia's Vitaminka more than doubles net profit in 2023
Author: Vitaminka. Licence: All rights reserved.

Total operating revenue decreased by 9% on the year to 3.5 billion denars in 2023, the company said in an annual financial statement filed with the stock exchange in Skopje.

However, operating expenses fell by 14% year-on-year to 3.4 billion denars in the year under review.

Vitaminka specialises in the production of chocolate confectionery and crisp snacks.

Its shares last traded on the Macedonian stock exchange on March 12, when they switched hands at an average price of 10,000 denars.

(1 euro = 61.58 denars)

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