Teteks AD announced non-consolidated earnings results for the first quarter of 2018. For the period, the company reported net profit rose by an annual 9% to MKD 3.8 million ($73,500/€61,900) in the first quarter of the year. Operating revenue decreased by 3% year-on-year to MKD 58.1 million in the first three months of the year. Domestic sales fell 10% on the year to MKD 22.9 million in January-March, while sales abroad declined 8% to MKD 17.4 million. Company's operating loss narrowed to MKD 452,000 in the first quarter from MKD 2.8 million a year earlier. Financial revenue fell 31% to MKD 4.4 million, while financial expenses declined 12% to MKD 156,000.