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North Macedonia's Okta Sees Net Profit Soar in Jan-Sept

North Macedonias Okta Sees Net Profit Soar in Jan-Sept
energia.gr
Τετ, 5 Νοεμβρίου 2025 - 08:04

North Macedonia's oil refinery Okta said it has generated a net profit of 447.2 million denars ($8.4 million/7.3 million euro) in the first nine months of the year, significantly higher compared with 130.8 million denars booked for the prior-year period.

Sales revenue decreased 18% on the year to 28.1 billion denars in the period under review, Okta said in a financial statement last week.

However, costs of goods sold were 19% lower at 27.3 billion denars.

Okta's shares last traded on the MSE on November 3 at an average price of 4,901 denars, latest available bourse data shows.

(SeeNews, November 4, 2025)

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