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Bulgaria's Elhim Iskra turns to loss in Q1

Bulgaria's Elhim Iskra turns to loss in Q1 Photo: Elhim Iskra

SOFIA (Bulgaria), April 19 (SeeNews) - Bulgarian car battery manufacturer Elhim Iskra [BUL:ELHM] said on Tuesday that it recorded a preliminary loss of 534,000 levs ($294,800/273,000 euro) in the first quarter of 2022.

The company booked a preliminary profit of 380,000 levs in the same period of last year, according to previously disclosed data.

Elhim Iskra's sales revenue went up to 10.8 million levs in the first three months of 2022, up from 9.2 million levs a year earlier, the company said in a stock exchange filing.

Elhim Iskra also said that it expects to generate a sales revenue of 3.8 million levs in April 2022.

(1 euro = 1.95583 levs)

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