N. Macedonia's Liberty turns to net profit in Q1
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Steel production. Source: Liberty House Group
SKOPJE (North Macedonia), April 27 (SeeNews) - Liberty [MSE:RZLV], the North Macedonia-based unit of UK industrial and metals company Liberty House Group, said on Tuesday that it booked a first-quarter net profit of 129.8 million denars ($2.5 million/2.1 million euro), compared to a loss of 94.8 million denars in the same period of 2020.
The company boosted its operating revenues in the January-March period to 1.94 billion denars, up 22% year-on-year, while its operating costs rose 26% to 1.92 billion denars, it said in a quarterly financial statement.