May 8 (SeeNews) - Bulgaria's Automotor Corporation, the official distributor of vehicles under the Citroen brand for Bulgaria, said that its consolidated net loss narrowed to 1.0 million levs ($573,000 levs/511,000 euro) in 2018 from 2.1 million levs in 2017.
Automotor Corporation's net sales revenue rose to 52.8 million levs last year from 50.0 million levs in 2017, the company said in an annual financial statement on Tuesday.
Cost of goods sold increased to 43.2 million levs in 2018 from 41.5 million levs a year earlier.
Automotor Corporation consolidates the results of three units - Automotor, AM Security and AutoOil.
(1 euro = 1.95583 levs)