February 20 (SeeNews) - Bulgarian printing and advertising company Billboard [BUL:5BP] said on Thursday that its consolidated net profit after minority interest more than doubled to 571,000 levs ($315,000/292,000 euro) in 2019 from 241,000 levs the year before.
The company's revenue edged down to 36.0 million levs last year from 36.7 million levs in 2018, Billboard said in an annual financial statement.
Operating expenses fell to 35 million levs from 36.1 million levs, due to a 1.8 million levs drop in expenses for hired services.
Billboard shares last traded on the Bulgarian Stock Exchange at a price of 0.418 levs, down 7.1% year-to-date.
Billboard, established in 2001, offers wide format digital printing, offset printing and branding of vehicles.
(1 euro = 1.95583 levs)