TDR Skopje Shows Stable Growth and Increased Profitability in Tobacco Trade

TDR Skopje DOOEL, a company specializing in wholesale trade in tobacco products, continues to maintain its position among the largest economic entities in North Macedonia. In 2023, the company achieved total revenue of 3.11 billion MKD and profit before tax of 22.32 million MKD, which represents a revenue growth of 9.69% and a significant increase in profitability of 54.96% compared to the previous year.

Trends and Performance

• 2022–2023: After the stable growth of 11.31% in 2022, 2023 strengthened the positive dynamics, although the growth rate is somewhat lower, but with a significant improvement in profit.
• 2020–2021: The company successfully recovered from the revenue decline of -15.80% in 2020, stabilizing with moderate growth in 2021 and 2022.
• Historical perspective: From Since 2014, revenues have ranged from 1.4 to 3.1 billion MKD, with significant fluctuations in profitability, especially in 2014 when profit growth was over 1,200%.

Market position

In 2023, TDR Skopje took 92nd place among the largest companies in North Macedonia, maintaining a stable number of employees (10 people), which indicates high efficiency and automation in operations.

TDR Skopje is an example of a company that successfully adapts to market conditions in the tobacco industry, maintaining stable revenues and improving profitability even in periods of economic uncertainty. With a minimal number of employees and a large volume of revenue, the company demonstrates high operational efficiency and competitive advantage in its business.