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Nov 03, 2017 16:31 EEST
SOFIA (Bulgaria), November 3 (SeeNews) – Bulgaria's state-owned National Electricity Company, NEK, said its consolidated net loss narrowed to 90.9 million levs ($54.1 million/46.5 million euro) in the first nine months of 2017, from 154.8 million levs in the like period of last year.
Operating revenue rose by an annual 4.5% to 2.30 billion levs in the January-September period, NEK said in its Q3 2017 financial report posted on the website of the finance ministry.
The company’s operating loss shrank to 41.2 million levs in the review period, from 134.7 million levs the year before.
The company bought 12.8 million MWh of electricity from domestic producers, down 4.7% year-on-year, and sold a total of 14.0 million MWh to domestic electricity distributors, down 7.9% on the year.
(1 euro=1.95583 levs)
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