Makedonijaturist announced earnings results for the first half of 2016. For the first half, the company's net profit fell 11% on the year to MKD 62.4 million mainly due to the slow recovering of Macedonia's economy. operating revenue declined by an annual 11% to MKD 163.24 million in January-June, whereas its operating costs fell 3% to MKD 119.6 million. The operating profit of the hotel operator decreased 28% to MKD 43.6 million.