Bulgaria’s Herti 9-mo net profit edges up

The company’s revenue rose to 27.9 million levs in the January-September period, compared to 25.5 million levs in the corresponding period of 2016, Herti said in a statement.

Expenses for materials increased to 19.4 million levs in the review period from 16.1 million levs the year before.

Personnel expenses rose to 5.1 million levs in the first nine months of the year from 4.6 million levs in the comparable period of 2016.

Established in 1993, Herti currently produces over 1 billion bottle caps per year.

(1 euro = 1.95583 levs)