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Issuer
Ading AD Skopje
Issuer's basic data
Address
ul. Novoselski pat (1409) broj 11
City
Skopje
State
Makedonija
Mail
ading@ading.com.mk
Site
http://www.ading.com.mk
Contact person +
Antonio Spasevski
Phone
+389 2 32 39 257
Fax
+389 2 20 34 810
Prospectus
Download Prospectus
Year 2025 2024 2023
Total Revenue from operation Activities 664,607 763,869 678,145
Operating profit 81,128 242,614 171,104
Net profit 77,174 231,333 159,890
Equity 513,469 591,764 492,293
Total liabilities 142,590 157,248 153,742
Total assets 656,059 749,012 646,035
Market capitalization 927,360 637,560 386,400
* data in 000 MKD
Methodology
Year 2025 2024 2023
Return on sales 12.21% 31.76% 25.23%
Net earnings per share (EPS) 199.73 598.69 413.79
Return on assets 11.76% 30.89% 24.75%
Return on equity 15.03% 39.09% 32.48%
Price to earnings 12.02 2.76 2.42
Book value per share 1,328.85 1,531.48 1,274.05
Price to Book Value 1.81 1.08 0.78
Dividend Per Share 42.22 38.00
Dividend yield 0.00% 2.56% 3.80%

ADING is a leading company in South East Europe in production and sale of construction chemicals, established in 1969. The head office of the parent company and its largest production capacity are based in Skopje, Republic of Macedonia, having representative offices and distributors in over 13 markets in the region of South East Europe, Near East and Asia. The company has its own production capacities in the Republic of Bulgaria and the Republic of Iran, and representative companies in the Republic of Serbia, Republic of Kazakhstan and the Republic of Greece. The product range includes over 100 products, offering solutions even to the most specific problems of the modern construction industry. Today, nearly 60% of Company's products are sold on external markets, hence the large number of reference buildings in these markets where ADING's products and technologies have been used and implemented. ADING Group today has over 150 employees, 90 of which are employed by the parent company and the others by the Group member companies in the Republic of Macedonia and worldwide. ADING is an engineering company with over 40% of its staff being civil engineers, architects, chemical engineers, engineering technologists and other highly qualified profiles.

Supervisory Board
Belev Aleksandar
Filip Filipovski
Aleksandra Petrovska - Deputy President
Rade Jankov - President

Management Board 
Zoran Petroski - President and General manager
Goran Atanasovski
Vanja Donceva-Rajatoska
Daniel Cekov - Deputy President of Board
Dime Janchev

  1. Non-trade transfers of listed companies' share
    According to the data from the Central Securities Depositary we inform that the following non-trade transfers of listed companies' shares were executed

  2. Non-trade transfers of listed companies' share
    According to the data from the Central Securities Depositary we inform that the following non-trade transfers of listed companies' shares were executed

  3. Non-trade transfers of listed companies' share
    According to the data from the Central Securities Depositary we inform that the following non-trade transfers of listed companies' shares were executed

  4. Non-trade transfers of listed companies' share
    According to the data from the Central Securities Depositary we inform that the following non-trade transfers of listed companies' shares were executed

  5. Share buy-backs and non-trade transfers of listed companies' shares

    We inform you about executed share buy-backs and non-trade transfers of listed companies' shares

  6. Non-trade transfers of listed companies' share
    According to the data from the Central Securities Depositary we inform that the following non-trade transfers of listed companies' shares were executed

  7. Non-trade transfers of listed companies' share
    According to the data from the Central Securities Depositary we inform that the following non-trade transfers of listed companies' shares were executed

  8. Non-trade transfers of listed companies' share
    According to the data from the Central Securities Depositary we inform that the following non-trade transfers of listed companies' shares were executed

  9. Non-trade transfers of listed companies' share
    According to the data from the Central Securities Depositary we inform that the following non-trade transfers of listed companies' shares were executed

  10. Non-trade transfers of listed companies' share
    According to the data from the Central Securities Depositary we inform that the following non-trade transfers of listed companies' shares were executed
Symbols
Price movement
Volume
Symbol data
Market segment:
Mandatory Listing - ordinary shares
ISIN:
MKADIN101010
Total shares
386,400
Last trade: 2/13/2026
Max Price:
2,700.00
Min Price:
2,700.00
Avg Price:
2,700.00
Volume:
2
Value:
5,400
Trades:
1
Last 52 weeks
Max Price:
2,860.00
Min Price:
1,800.00
Volume:
4,240
Value:
9,174,726
Trades:
76

* the average price is from the last trading day

**data doesn't inculde block trades

*** the ordinary shares and the priority shares own by the Pension and Disability Insurance Fund of the Republic of Macedonia – PDIF (if they are issued) are summed up. The priority shares own by the PDIF are converted in ordinary shares at the moment of sale.

Historical Data