Bulgaria's M+S Hydraulic 9-mo net profit rises

Operating revenue increased to 81.6 million levs in the January-September period, compared to 72.0 million levs the year before, M+S Hydraulic said in a bourse filing.

The company’s operating expenses increased to 68.6 million levs in the review period from 60.2 million levs a year earlier.

M+S Hydraulic is a manufacturer of low speed, high torque, orbital hydraulic motors, hydrostatic steering units, valves, brakes and accessories. The company is a unit of Bulgaria's Stara Planina Hold [BUL:5SR].

As at 1510 CET on Thursday, M+S Hydraulic shares traded 1.71% lower at 7.814 levs.

(1 euro = 1.95583 levs)