August 16 (SeeNews) - North Macedonia-based farming company ZK Pelagonija [MSE:ZPKO] said on Tuesday that its net profit fell to 52.8 million denars ($869,900/858,500 euro) in the first half of 2022, from 232.4 million denars in the like period of 2021.
ZK Pelagonija's total operating revenue fell 39% year-on-year to 662.4 million denars in the first six months of 2022, the company said in a financial statement filed with the Skopje bourse.
Domestic sales dropped 12% to 560 million denars in the six months through June, whereas sales from abroad rose 23% to 14.4 million denars.
The company's operating expenses fell 14% to 836 million denars in the six months under review.
(1 euro = 61.60 denars)