November 26 (SeeNews) - Bulgarian printing and advertising company Billboard [BUL:5BP] said on Thursday that its consolidated net profit excluding minority interest fell to 138,000 levs ($84,000/71,000 euro) in the first nine months of the year from 406,000 levs the year before.
Billboard's revenue decreased to 21 million levs in the January-September period of 2020 from 26.5 million levs in the same period of last year, the company said in an interim financial statement.
The company's expenses fell to 20.6 million levs in the review period from 25.9 million levs the year before, mostly due to lower expenses for materials and hired services.
Billboard, established in 2001, offers wide format digital printing, offset printing and branding of vehicles.
(1 euro = 1.95583 levs)