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PMTKP DOO Achieves Rapid Growth and Leading Position in Tobacco Trade

In 2023, PMTKP DOO achieved revenue of 3.20 billion MKD and profit of 660 million MKD, recording significant growth and strengthening its position among the most successful companies in the tobacco industry in North Macedonia.
PMTKP DOO Achieves Rapid Growth and Leading Position in Tobacco Trade

FMTKP DOO, Skopje, which is engaged in wholesale trade in tobacco products, has been recording constant and rapid growth in recent years, positioning itself among the most successful companies in North Macedonia in terms of profitability.


Performance in 2023:

  • Total revenue: 3.20 billion MKD
  • Profit before tax: 660.29 million MKD
  • Annual revenue growth: +28.24%
  • Annual profit growth: +28.80%
  • Rank among the largest companies: 90th place
  • Rank among the most successful companies: 24th place
  • Average number of employees: 45


This year is the third in a row with double-digit growth in both revenue and profit, which positions the company at the very top of the tobacco industry in terms of efficiency.


Trends 2019–2023

  • 2021–2023: Three years in a row with high growth – from 1.83 billion MKD in 2021 to 3.20 billion MKD in 2023, which represents an accumulated growth of over 74%.
  • Profitability: Profit grows in parallel with revenue – from 403.75 million in 2021 to 660.29 million in 2023.
  • Stability: The company has consistently improved its rankings, both among the largest and most successful, which confirms its long-term growth strategy.


Historical context

Since 2015, when revenue grew by over 300% due to market expansion and operational capacities, FMTKP has maintained a trend of stable growth and high profit margins. Even in years with declining revenue (2019 and 2020), the company managed to maintain strong profits and quickly returned to a growing trajectory.


FMTKP DOO is an example of a highly profitable and dynamically growing company in the tobacco industry. With a strategy focused on efficiency, expansion and optimization of market positions, the company manages to continuously increase profits, maintaining a stable team and high productivity per employee.

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The publication “200 Largest and most successful” is a very useful source of information that gives a precise image of the financial and business operations of the 200 largest and most successful companies in Macedonia to every investor.

The securities market is basically moved by information and it is in the Stock exchange’s highest interest that more data about the operating of the companies are available to public so that they can bring the right investing decisions.

MACEDONIAN STOCK EXCHANGE, Skopje

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