August 23 (SeeNews) - Bulgarian printing and advertising company Billboard [BUL:BBRD] said on Tuesday that its consolidated net profit excluding minority interest increased to 382,000 levs ($193,980/195,300 euro) in the first half of 2022 from 312,000 levs in the same period of last year.
The company's total revenue grew to 18.9 million levs in the January-June period from 15.8 million levs in the corresponding period of 2021, Billboard said in an interim financial statement.
Billboard's expenses added roughly 20% on the year, reaching 18.1 million levs in the review period, due to higher costs for materials, hired services and salaries.
Billboard, established in 2001, offers wide-format digital printing, offset printing, outdoor and vehicle advertising.
Shares in Billboard, which has a market capitalisation of 3.7 million levs, closed flat at 0.24 levs in its most recent trading session on Monday.
(1 euro = 1.95583 levs)