February 28 (SeeNews) - Bulgarian resort operator Albena [BUL:6AB] said on Tuesday its consolidated net profit rose to 7.6 million levs ($4.1 million/3.9 million euro) in 2016, from 4.1 million levs in 2015.
Albena’s operating revenue grew by an annual 13% to 107.1 million levs in 2016, Albena said in an annual financial report filed with the Sofia bourse.
Production costs rose to 87.1 million levs in 2016, compared to 75.6 million levs a year earlier.
Financial expenses dropped to 2.7 million levs in the review period, from 4.8 million levs in 2015.
Albena shares traded 0.12% higher at 60.372 levs as at 15:30 CET on Tuesday in a turnover of 222 shares.
(1 euro = 1.95583 levs)