Bulgaria's MonBat/MonBat Recycling 11-mo cons pre-tax profit falls 11%

Car battery maker MonBat and its scrap metal recycling unit MonBat Recycling posted combined net sales revenue of 194 million levs through November, flat on the year, MonBat said in a note to investors.

In November alone, their consolidated pre-tax profit rose by 37% on the year to 3.4 million levs, while consolidated sales revenue increased by an annual 22% to 24.3 million levs.

(1 euro=1.95583 Bulgarian levs)