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Sep 21, 2023 12:23 EEST
September 21 (SeeNews) - Bulgarian hydraulic equipment manufacturer M+S Hydraulic [BUL:MSH] projects sales revenue to total 183.6 million levs ($100.5 million/93.9 million euro) in the first nine months of 2023, it said on Thursday.
In January-August, the company recorded a preliminary gross profit of 30.6 million levs on sales of 165.6 million levs, M+S Hydraulic said in a bourse filing.
Turnover in August alone amounted to roughly 17 million levs, while gross profit came in at some 2 million levs.
The company previously booked sales of some 161.1 million levs for the first nine months of 2022.
M+S Hydraulic is an affiliate of local diversified group Stara Planina Hold [BUL:SPH].
As of 1120 CET on Thursday, shares in M+S Hydraulic traded 1.71% lower at 11.50 levs on the Bulgarian Stock Exchange.
(1 euro = 1.95583 levs)
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