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N. Macedonia's Makstil net profit surges in Q1 - Vimarsana News

N. Macedonia's Makstil net profit surges in Q1

N. Macedonia's Makstil net profit surges in Q1 Makstil/All rights reserved. SKOPJE (North Macedonia), May 12 (SeeNews) - North Macedonia's steel mill Makstil [MSE:STIL] said that its net profit soared to 72.1 million denars ($1.4 million/1.2 million euro) in the first quarter of 2021, compared with a 3.5 million denars profit booked in the same period of last year. Total operating revenue was flattish at 1.3 billion denars in the first quarter of 2021, on an annual comparison basis, Makstil said in an interim financial statement filed with the Skopje bourse last week. Total ...

N. Macedonia's Makstil sees 2020 net profit surge - Vimarsana News

N. Macedonia's Makstil sees 2020 net profit surge

N. Macedonia's Makstil sees 2020 net profit surge Makstil/All rights reserved. SKOPJE (North Macedonia), March 4 (SeeNews) - North Macedonia-based steel mill Makstil [MSE:STIL] said that its net profit soared to 82.4 million denars ($1.6 million/1.3 million euro) in 2020 from 16.1 million denars in 2019, as it lowered its operating expenses. Makstil's operating expenses dropped by an annual 38% to 3.5 billion denars in 2020, as expenses for materials plunged 49% to 2.1 billion denars, the company said in an annual financial statement earlier this week. Total operating revenu...