Sales revenues of Macedonian fuel retailer Makpetrol down 3.6% y/y in H1 2012.

By bne IntelliNews August 13, 2012
The sales revenues of Macedonias leading fuel retailer Makpetrol dropped by 3.6% y/y to MKD 11.54bn (EUR 187.4mn) in H1, according to the consolidated income statement published on the website of the Macedonian Stock Exchange. Revenues from the domestic market decreased by 2.6% y/y to MKD 11.34bn, and revenues from foreign markets declined by 37.7% y/y to MKD 0.2bn. The companys operating loss increased 3.2 times on the year to MKD 194mn in H1. The fuel retailer reported a net loss of MKD 120.8mn in H1, reversing a net profit of MKD 31.9mn a year earlier. The total assets of Makpetrol stood at MKD 8.85bn at end-June, and the equity amounted to MKD 3.66bn. The company has a network of 121 filling stations.
Notice: Undefined index: social in /var/www/html/application/views/scripts/index/article.phtml on line 259

Related Articles

Macedonias 2013 tobacco crop expected to exceed 30,000 tonnes.

Macedonias tobacco crop is expected to increase by 20% to over 30,000 tonnes in 2013, Utrinski vesnik daily reported quoting Danco Mileski, president of the countrys tobacco association. The ... more

Macedonia cancels tender for gas distribution network feasibility study.

The transport ministry has cancelled the tender for preparing a feasibility study for developing the countrys natural gas distribution network, portal reported. Reportedly, two bids were ... more

Komercijalna Banka wins Global Finance award Best Bank in Macedonia for 2013.

Large-sized commercial bank Komercijalna Banka announced that it has won the award Best Bank in Macedonia for 2013 by the magazine Global Finance. The Macedonian bank wins the award for a 10th ... more