Mermeren Kombinat reported earnings results for the first nine months of 2016. For the period, the company reported net profit fell 51% year-on-year to MKD 130.2 million compared to MKD 301.05 million a year ago. Sales revenue fell 10% on the year to MKD 666.1 million. Exports decreased 11% to MKD 630.3 million and domestic sales declined 7% to MKD 35.9 million. The company's operating profit plummeted 48% to MKD 159 million over the review period.