SOFIA (Bulgaria), August 30 (SeeNews) – Bulgarian engineering company Energoremont Holding [BUL:6EG] said on Tuesday its consolidated net loss expanded to 3.1 million levs ($1.78 million/1.6 million euro) in the first half from 846,000 levs in the same period last year.
Consolidated operating revenue dropped by an annual 39.8% to 17.7 million levs in January-June, while operating costs fell 35.4% to 21.5 million levs, Energoremont said in its interim financial report filed with the Sofia bourse.
Energoremont Holding and its seven affiliate companies manufacture power equipment, spare parts and metal structures for companies operating in power engineering, chemistry and metallurgy. It has representative offices in Serbia, Macedonia, Kosovo and Turkey.
Energoremont was trading up 2.7% at 1.90 levs by 12:15 CET on the Bulgarian Stock Exchange.
(1 euro=1.95583 levs)