SOFIA (Bulgaria), January 30 (SeeNews) – Bulgarian resort operator Albena [BUL:6AB] said its net profit dropped 30% over the year to 10.2 million levs ($5.9 million/5.2 million euro) in 2014.
Total revenues declined by an annual 9.1% to 74.5 million levs last year, Albena said in its latest financial report published on Thursday.
The company's operating profit amounted to nearly 13 million levs, down 23.4% on the previous year.
Albena Holding held a majority stake of 54.05% in the resort operator, while Albena Invest Holding held 20.57% in Albena at the end of 2014.
Albena's shares closed flat at 53 levs on Thursday on the Sofia bourse.
(1 euro = 1.95583 levs)