September 29 (SeeNews) - Bulgarian printing and advertising company Billboard [BUL:5BP] said on Tuesday that its consolidated net profit excluding minority interest fell to 72,000 levs ($43,000/37,000 euro) in the first half of 2020 from 193,000 levs in the same period of last year.
The company's total revenue decreased to 14.2 million levs in the January-June period of this year from 18.3 million levs in the corresponding period of 2019, Billboard said in an interim financial statement.
Billboard's expenses declined to 14 million levs in the review period from 17.9 million levs a year earlier, due to lower expenses for materials, hired services and salaries.
Billboard, established in 2001, offers wide format digital printing, offset printing and branding of vehicles.
(1 euro = 1.95583 levs)