October 26 (SeeNews) - Bulgarian river shipping company BRP on Friday said its net profit for the first nine months of the year was 3.5 times higher than a year earlier at 3.2 million levs ($2.4 million/1.6 million euro) as revenue grew faster than costs.
Following are figures from BRP's income statement filed with the Bulgarian Stock Exchange (in millions of levs):
|
|
9-mo'07 |
9-mo'06 |
2006 (audited) |
| NET PROFIT |
3.152 |
0.913 |
2.506 |
| SALES REVENUE |
29.547 |
24.661 |
29.547 |
| TOTAL REVENUE |
29.631 |
24.854 |
29.631 |
| TOTAL COSTS |
26.129 |
23.941 |
26.129 |
The company, part of blue-chip Bulgarian industrial conglomerate Chimimport, transported 1.1 million tonnes of cargo through September, 4,000 tonnes less than it did in the first nine months of 2006, BRP said in a statement.
Shares in BRP, part of the BG 40 index of the stock exchange in Sofia, closed flat at 11 levs in a volume of some 2,660 shares on Friday.
Chimimport, the largest holding company in Bulgaria, took over BRP for 22 million levs last year and pledged to invest in it 25 million euro within five years. BRP plans to increase its fleet and build a logistics centre in the Danube river port of Ruse, where it is based.
(1 euro = 1.95583 Bulgarian levs)