August 19 (SeeNews) - Bulgarian hydraulic equipment manufacturer M+S Hydraulic [BUL:MSH] said that it expects to book accumulated sales of some 142.7 million levs ($73.5 million/73 million euro) in the first eight months of 2022.
In the seven months through July, M+S Hydraulic booked a preliminary gross profit of 21 million levs on sales revenue of 123.5 million levs, the company said in a bourse filing on Monday.
M+S Hydraulic previously reported revenue of 96.2 million levs for the January-August period of 2021 as well as a preliminary gross profit of 13.5 million levs over the same period.
In July alone, the hydraulic equipment maker generated a provisional gross profit of 3.9 million levs on revenue of 20.1 million levs.
M+S Hydraulic is an affiliate of blue-chip diversified group Stara Planina Hold [BUL:SPH].
Shares in M+S Hydraulic last traded on Thursday when they closed flat at 8.90 levs on the Bulgarian Stock Exchange (BSE).
(1 euro = 1.95583 levs)