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North Macedonia: Makpetrol reports 19% profit growth in first nine months of 2025

Macedonian fuel retailer Makpetrol reported a non-consolidated net profit of 14.7 million euros for the first nine months of 2025, marking a 19 percent increase compared to the same period last year. Operating revenues fell slightly by 1 percent to 377 million euros, while operating expenses also decreased by 1 percent, totaling 364 million euros.

Domestic sales remained almost unchanged, dropping by just 0.2 percent year-on-year to 368.4 million euros. In contrast, sales on foreign markets rose significantly by 20 percent, reaching 6.6 million euros.

In 2024, Makpetrol achieved a net profit of 17.9 million euros, up 41 percent compared to the previous year. Operating revenues increased by 2 percent to 505.5 million euros, while operating expenses grew by 1 percent to 487.5 million euros. Domestic sales climbed by 2 percent to 478.5 million euros, and foreign sales increased by 3 percent to 12.6 million euros.

Makpetrol operates a network of 126 petrol stations across North Macedonia and also maintains operations in neighboring Serbia and Greece.

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