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Nov 30, 2017 18:11 EEST
November 30 (SeeNews) - Bulgarian power distribution company Energo-Pro Varna [BUL:8EVA] said on Thursday its consolidated net profit has increased to 23.4 million levs ($14.2 million/12.0 million euro) in the first nine months of 2017, from 19.5 million levs in the prior-year period.
Total operating revenue grew to 719.1 million levs in the January-September period, from 703.8 million in the like period of last year, the company, which is a unit of Czech energy group Energo-Pro, said in a bourse filing.
Total operating expenses rose to 690.4 million levs in the period under review, from 676.7 million levs the year before.
Energo-Pro Varna is active in electricity distribution in northeastern Bulgaria, where it is the sole licence holder, as well as in selling electricity to more than 1.2 million household and industrial customers.
(1 euro = 1.95583 levs)
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