February 28 (SeeNews) - North Macedonia-based hotel and catering services company Makedonijaturist [MSE:MTUR] said its net profit reached 96.4 million denars ($1.7 million/1.6 million euro) in 2023, significantly higher compared with 30.9 million denars booked a year earlier.
Total operating revenues rose 32% year-on-year to 345.2 million denars in 2023, whereas operating costs edged up 4% to 301.3 million denars, Makedonijaturist said in an annual financial statement on Tuesday.
Sales revenues, all from the domestic market, soared to 341.7 million denars in 2023 from 258.4 million denars the year before.
Makedonijaturist's shares last traded on the Macedonian Stock Exchange on February 21, at an average price of 5,000 denars.
(1 euro = 61.59 denars)