March 31 (SeeNews) - North Macedonia's farming company ZK Pelagonija [MSE:ZPKO] said on Friday its net profit went up 63% on the year in 2022, reaching 109 million denars ($1.9 million/1.8 million euro).
Operating revenues were 3% higher at 1.97 billion denars in 2023, while operating costs rose 13% year-on-year to 1.8 billion denars, ZK Pelagonija said in an annual financial statement.
ZK Pelagonija's financial revenue soared to 21.6 million denars in 2022 from 556,000 denars in 2021, while financial expenses fell 39% year-on-year to 101.8 million denars.
The company's shares last traded on the Macedonian Stock Exchange (MSE) on March 29, at an average price of 3,611 denars.
(1 euro = 61.55 denars)