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Bulgaria's Elana Agrocredit lowers H1 net profit, revenue

Bulgaria's Elana Agrocredit lowers H1 net profit, revenue Photo: Elana Agrocredit / All rights reserved.

SOFIA (Bulgaria), July 20 (SeeNews) - Bulgarian financial leasing company Elana Agrocredit [BUL:EAC] said on Tuesday that its net profit edged down to 1.6 million levs ($965,100/818,100 euro) in the first half of 2021 from 1.7 million levs in the same period of last year.

Elana Agrocredit's revenue fell to 2.7 million levs in the first six months of this year from 3.6 million levs in the like period of 2020, the company said in an interim financial statement.

The company's expenses also went down in the January-June period - to 963,000 levs from 1.7 million levs a year earlier.

Shares in the blue-chip leasing company last traded on the Bulgarian Stock Exchange flat at 1.08 levs.

(1 euro = 1.95583 levs)

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