You have 10 free articles left this month. Get your freeBasic subscription now and gain instant access to more.

Bulgaria's Neochim turns to 7.0 mln euro non-cons pre-tax profit in Jan-Sept

Author Nina Byalkova
Bulgaria's Neochim turns to 7.0 mln euro non-cons pre-tax profit in Jan-Sept Author: Neochim. Licence: All rights reserved.

SOFIA (Bulgaria), October 28 (SeeNews) – Bulgarian fertilizer producer Neochim [BUL:3NB] said on Wednesday it posted a non-consolidated pre-tax profit of 13.6 million levs ($7.7 million/7.0 million euro) in the first nine months of the year, after reporting a pre-tax loss of 12.2 million levs in the like period a year earlier.

Revenues rose by an annual 38% to 221.5 million levs in the January-September period, Neochim said in its latest financial report filed with the Sofia bourse.

In January-September, Neochim turned to operating profit of 15.2 million levs from operating loss of 10.5 million levs a year earlier.

(1 euro=1.95583 Bulgarian levs)

Compare