Bulgarian Rose Jan sales slightly below target

Bulgarian Rose posted a preliminary loss of 28,000 levs last month, the company said in a bourse filing. In comparison, the company booked sales of 208,000 levs and a loss of 93,000 levs in the same month of 2023.

Sales in February are projected at 200,000 levs, bringing revenue for the first two months of 2024 to 464,000 levs.

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 diversified group Stara Planina Hold [BUL:SPH].

Shares in the company last traded on February 1 when they closed at 2.00 levs on the BaSE market of the Bulgarian Stock Exchange.

(1 euro = 1.95583 levs)