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Bulgarian River Shipping co Q1 non-cons net profit soars

Author Martin Raynov
Bulgarian River Shipping co Q1 non-cons net profit soars

SOFIA (Bulgaria), May 8 (SeeNews) - Bulgarian River Shipping company [BUL:5BR] said its non-consolidated net profit grew to 1.333 million levs ($764,400/681,600 euro) in the first quarter of 2015 from 351,000 levs in the like period a year earlier.

First-quarter operating profit grew to 1.481 million levs from 390,000 levs in the like period a year earlier, the company said in a bourse filing.

Total revenue rose to 5.391 million levs from 4.978 million levs in the first quarter of 2014.

Total assets amounted to 88.174 million levs at the end of March versus 87.656 million levs a year earlier.

According to latest available figures, Bulgarian River Shipping's share capital was unchanged at 35.709 million levs. Total liabilities amounted to 16.253 million levs, compared to 17.068 million levs one year ago.

  Q1 2015 (in mln levs) Y/Y Change (%) Q1 2014 (in mln levs)
Net profit 1.333 280% 0.351
Pre-tax profit 1.481 280% 0.390
Operating profit 1.481 280% 0.390
Total revenue 5.391 8.3% 4.978
Total assets 88.174 0.59% 87.656
Cash and cash equivalents 101,000 -54% 221,000
Share capital 35.709 0.0% 35.709
Total liabilities 16.253 -4.78% 17.068

(1 euro = 1.9558 Bulgarian levs)

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