October 17 (SeeNews) - North Macedonia-based soft drink producer Fruktal Mak [MSE:KONZ] said that its net profit grew by an annual 53% to 19.2 million denars ($346,000/312,000 euro) in the first nine months of 2019.
Fruktal Mak's operating revenue rose 16% year-on-year to 302.1 million denars in the January-September period of 2019, the company said in an interim financial statement on Wednesday.
Domestic sales added 5% to 145.6 million denars, while sales abroad jumped 30% to 151 million denars.
The company's total operating expenses increased 23% to 290.5 million denars.
Expenses for materials were 12% higher on the year at 177.3 million denars, while expenses for hired services rose 34% to 23.3 million denars.
(1 euro = 61.5875 denars)