May 31 (SeeNews) - Bulgarian resort operator Albena [BUL:6AB] said that its consolidated net loss grew to 9.9 million levs ($5.4 million/5.1 million euro) in the first quarter of 2023 from a net loss of 8.97 million levs in the same period of last year.
Albena's operating revenue shrank to 2.4 million levs in the January-March period from 3.7 million levs in the comparable period of 2022, Albena said in an interim financial statement on Tuesday.
The company's operating expenses were flattish at to 12.75 million levs in the first three months of the year, slightly down from some 12.8 million levs a year earlier.
Last week, Albena said its management is proposing to distribute a gross dividend of 0.11 levs per share for 2022.
Shares in Albena closed flat at 27.60 levs apiece on Wednesday.
(1 euro = 1.95583 levs)