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Nov 23, 2017 19:47 EEST
SOFIA (Bulgaria), November 23 (SeeNews) – Bulgarian chemical fertilizer producer Neochim [BUL:3NB] said on Thursday its consolidated net profit dropped to 8.0 million levs ($4.8 million/4.1 million euro) in the first nine months of 2017, from 16.9 million levs in the same period of 2016.
The company’s operating revenue declined to 158.1 million levs in January-September from 173.4 million levs in the corresponding period of last year, Neochim said in a financial report filed with the Sofia bourse.
Operating expenses fell to 150.1 million levs in the review period from 156.5 million levs the year before.
Neochim shares last traded on Tuesday when they closed 0.09% higher at 53.65 levs on the Bulgarian Stock Exchange.
(1 euro=1.95583 levs)
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