SOFIA (Bulgaria), August 29 (SeeNews) – Bulgarian steel wheel maker Balkancar Zarya [BUL:4BU] said on Monday its consolidated net profit rose to 674,000 levs ($384,500/344,000 euro) in the first half of 2016 from 48,000 in the same period last year.
Total consolidated revenues grew by an annual 17.4% to 5.3 million levs in January-June, Balkancar Zarya said in its interim financial report.
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Balkancar Zarya, established in 1996, specialises in rims and disc wheels for industrial vehicles.
(1 euro=1.95583 levs)