Telekabel has steadily increased its revenue, from MKD 758.3 million in 2018 to MKD 929.7 million in 2022. This consistent growth, albeit at a decelerating rate, underscores the company’s ability to expand its market presence.
Despite revenue growth, profitability has been volatile. After peaking at MKD 154.4 million in 2018, profits fell sharply, particularly in 2020, with a 33% decrease. However, the company managed to stabilize its profit margins by 2022, showing a slight increase of 1.82%.
Telekabel’s ranking in the 200 Largest and Successful Companies in North Macedonia has seen a decline from 69th in 2018 to 198th in 2022. Despite this, the company has expanded its workforce, growing from 208 employees in 2018 to 244 in 2022, reflecting its commitment to growth and service improvement.
Telekabel’s journey over the past five years highlights the challenges of maintaining profitability while pursuing revenue growth. As the only domestic telecom operator, their strategic decisions in the coming years will be crucial for sustaining their market position.
The State Statistical Office greets the efforts and dedication of Euro Business Center Skopje, as patron of the publication “200 Largest and most successful”, for promoting the success of the largest and most successful companies in Republic of Macedonia. Presenting official statistical data and the actual economy situation in Republic of Macedonia is of particular importance for the readers of the publication. It is a confirmation for the importance of the statistics in bringing decisions based on relevant, quality, accurate and on-time statistical data.
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