June 21 (SeeNews) - Cosmetics manufacturer Bulgarian Rose [BUL:ROZA] said on Tuesday it booked 2.45 million levs ($1.3 million/1.25 euro) in sales revenue in the first five months of 2022, including 262,000 levs in May.
The company's provisional gross profit for May was 15,000 levs, while total provisional profit for the January-May period came in at 109,000 levs, Bulgarian Rose said in a stock exchange filing.
The five-month profit was 17% higher than in the same period last year, earlier data showed.
Revenue for the first five months of the current year exceeded more than twice the 1.1 million levs that the company booked in the same period of 2021, but was also 1.6% lower than its April forecast for January - May 2022.
Bulgarian Rose expects to book 2.87 million levs in sales revenue in the first half of 2022, or over 72% more than last year's revenue for the same period. Sales in June are projected at 420,000 levs, against 573,000 levs recorded in June 2021.
Karlovo-based Bulgarian Rose, established in 1948, manufactures cosmetic products for face, body and hair using rose oil and locally-grown herbs. The company is part of local blue-chip industrial group Stara Planina Hold [BUL:SPH].
(1 euro = 1.95583 levs)