November 2 (SeeNews) - Bulgarian glassware and bottle maker Drujba Glassworks [BUL:4DR] said on Thursday its non-consolidated net profit rose to 19.5 million levs ($11.61 million/9.9 million euro) in the nine months through September, from 13.12 million levs in the like period of 2016.
Sales revenue increased to 152.6 million levs in the January-September period, from 140.6 million levs in the corresponding period of last year, Drujba Glassworks said in a bourse filing.
The company’s operating profit grew to 48.1 million levs in the period under review, from 45.6 million levs a year earlier.
Financial expenses dropped to 2.4 million levs in the first nine months, from 6.1 million levs in the same period last year.
Drujba Glassworks has two production units - in Sofia and in the second-largest city of Plovdiv.
(1 euro = 1.95583 levs)
Druzhba Glassworks AD is among the biggest companies in SEE. You can download our SEE Top 100 ranking
here or subscribe to our free Top 100 newsletter
here