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Macedonia's Teteks Q1 Net Profit Rises 4.0% Y/Y

25.4.2012 13:52:00 | Author/Source www.seenews.com

Macedonia's largest wool mill, Teteks [MSE:TETE], said on Wednesday its net profit rose by 4.0% on the year to 935,000 denars ($20,000/15,200 euro) in the first quarter of 2012.

Operating income rose 12% on the year to 80.3 million denars in the first three months, while operating costs increased to 76.9 million denars from 68.8 million denars, Teteks said in its income statement filed with the Macedonian Stock Exchange (MSE).

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