June 24 (SeeNews) - Bulgarian car battery maker MonBat [BUL:5MB] said on Friday its consolidated pre-tax profit for January-May fell 3.6% year-on-year to 12.46 million levs ($7 million/6.37 million euro).
The company's consolidated earnings before interest, taxes, depreciation and amortisation (EBITDA) increased by an annual 4.2% to 18.8 million levs in the five-month period, MonBat said in a statement.
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Consolidated net sales revenues declined 2.4% year-on-year to 95.4 million levs through May.
In May alone, the company's pre-tax profit jumped by an annual 49.8% to 2.7 million levs and EBITDA surged 48% to 4.1 million levs, while net sales revenues fell 3.4% to 15.9 million levs.
MonBat shares closed flat at 7.40 levs on the Bulgarian Stock Exchange (BSE) on Friday.
MonBat operates four plants for manufacturing and recycling of lead-acid batteries, diodes and light-emitting diode luminaires.
(1 euro=1.95583 levs)