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North Macedonia: Makpetrol recorded a 5 million euros profit in euro six months

Fuel retail company Makpetrol posted non-consolidated net profit of 5.1 million euros in the first six months of 2023. That is 41% lower compared to the same period last year.

At the same time, operating revenues decreased by 15% to 224 million euros in the first six months, while operating expenses also dropped by 14% to 219 million euros.

Domestic sales dropped by 13% to 215.8 million euros, while sales on the foreign markets decreased by 50% to 6.95 million euros.

Makpetrol operates a network of over a hundred petrol stations in North Macedonia. The company also has units in neighboring Serbia and Greece.

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