North Macedonia-based building materials producer Usje Cementarnica, a subsidiary of Titan, said its net profit went up 25 per cent YoY to MKD1.9bn (US$32.1m) in 2024.

The company's total operating revenues were two per cent lower on an annual comparison basis, standing at MKD6.3bn (US$107.4m) last year, while total operating expenses fell 14 per cent to MKD4.2bn, according to a statement released by Usje Cementarnica.