North Macedonia's oil refinery Okta said its net profit reached 95.7 million denars ($1.8 million/1.6 million euro) in the first quarter of 2025, up 42% year-on-year.
Sales revenue decreased 19% on the year to 8.8 billion denars in the period under review, Okta said in an interim financial statement last week.
Costs of goods sold were 20% lower at 8.6 billion denars.
Okta's shares last traded on the Macedonian Stock Exchange (MSE) on May 2 at an average price of 4,650 denars.
(SeeNews, May 5, 2025)