Mermeren Kombinat AD (ATH:MERKO) Third Quarter 2023 Results
Key Financial Results
- Revenue: ден426.4m (down 6.6% from 3Q 2022).
- Net income: ден193.4m (down 12% from 3Q 2022).
- Profit margin: 45% (down from 48% in 3Q 2022). The decrease in margin was driven by lower revenue.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Mermeren Kombinat AD shares are up 11% from a week ago.
Risk Analysis
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About ATSE:MERKO
Mermeren Kombinat AD
Engages in mining, processing, and distribution of marble and decorative stones under the SIVEC brand name in North Macedonia, China, Greece, Balkan region, and internationally.
Flawless balance sheet with acceptable track record.