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Bulgaria’s Neochim 9-mo non-cons net profit plunges to 2.4 mln euro

Oct 29, 2012, 3:24:18 PMArticle by Vera Borisova
share
October 29 (SeeNews) - Bulgarian fertiliser producer Neochim [BUL:3NB] said on Monday its non-consolidated net profit plunged to 4.59 million levs ($3.03 million/2.35 million euro) in the first nine months of 2012 from 20.6 million levs a year ago.

Bulgaria’s Neochim 9-mo non-cons net profit plunges to 2.4 mln euro

The company’s revenues fell to some 208 million levs in the nine months through September from 214 million levs a year earlier, Neochim said in a statement filed with the Bulgarian Stock Exchange (BSE).

Operating profit dropped to 5.4 million levs through September from 21.4 million levs a year ago.

Neochim, a component of the blue-chip SOFIX index of the BSE, last traded on October 25, ending 5.0% lower at 27.5 levs in a volume of just 40 shares.

(1 euro=1.95583 Bulgarian levs)

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