Macedonian fuel retail company Makpetrol posted non-consolidated net profit of 21.1 million euros in 2022, which is 6 % lower compared to the previous year.
The company’s operating revenues increased by 68 % to 608.6 million euros in 2022, while operating expenses also rose by 73 %, reaching 587.5 million euros in the same period. Domestic sales rose by 70 % to 570 million euros, while sales on the foreign markets more than doubled to 34.1 million euros.
Makpetrol posted non-consolidated net profit of 22.7 million euros in 2021, compared to 5.7 million euros net profit in the previous year.
The company’s operating revenues increased by 34 % to 362 million euros in 2021, while operating expenses also rose by 27 %, reaching 339.5 million euros.
Domestic sales rose by 27 % to 334.5 million euros, while sales on the foreign markets more than doubled reaching 11.5 million euros in 2021.
Makpetrol operates a network of over a hundred petrol stations in North Macedonia. The company also has units in neighboring Serbia and Greece.
