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Bulgaria’s Solarpro Holding turns to net loss in 2014

Author Nina Byalkova
Bulgaria’s Solarpro Holding turns to net loss in 2014 Author: Ken Teegardin. Licence: Creative Commons.

SOFIA (Bulgaria), March 31 (SeeNews) – Bulgarian provider of products and services for the solar industry Solarpro Holding [BUL:0S8] said on Tuesday it turned to net loss of 993,000 levs ($546,600 million/507,700 euro) in 2014 from net profit of 57,000 levs a year earlier.

The company's revenues grew to 3.9 million levs in 2014 from 2.6 million levs in 2013, it said in a financial report filed with the Bulgarian stock exchange.

Expenditures grew to 7.7 million levs in 2014 from 5.0 levs in 2013.

(1 euro=1.95583 Bulgarian levs)

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