Bulgaria's Elana Agrocredit nearly doubles 9-mo net profit

Elana Agrocredit's revenue increased to 1.94 million levs in January-September 2021, from 1.45 million levs in the same period of 2021, the company said in an interim financial statement.

The company's expenses were little changed in the review period, rising to 814,000 levs from 801,000 levs a year earlier, with the increase mostly due to a rise in salaries.

Elana Agrocredit's total assets grew by 1.7% year-on-year in the review period, to some 11.9 million levs.

Shares in Elana Agrocredit closed flat at 0.995 levs on the Bulgarian Stock Exchange on Wednesday.

(1 euro = 1.95583 levs)