March 27 (SeeNews) - North Macedonia-based forwarding company Fersped [MSE:FERS] said its net profit rose 59% on the year to 153.6 million denars ($2.7 million/2.5 million euro) in 2023.
Total operating revenues decreased 3% to 4.68 billion denars in 2023, Fersped said in an annual financial statement filed with the Skopje bourse.
Revenues from domestic sales fell by 1.4% to 4.54 billion denars, while sales abroad decreased by 40% to 110.7 million denars in 2023.
Total operating costs fell 4.1% to 4.52 billion denars.
The company's shares last traded on the Macedonian Stock Exchange (MSE) on March 22, at an average price of 50,500 denars.
Fersped was established in 1968 as a state-owned company and was privatised in 1995.
(1 euro = 61.46 denars)