June 27 (SeeNews) - Bulgarian ICT products distributor Pinot Trading said that its net loss widened to 6.1 million levs ($3.5 million/3.1 million euro) in 2018 from 1.1 million levs in 2017, as the company's operating revenue plunged 73% year-on-year.
Pinot Trading booked operating revenue of 52.1 million levs last year, sharply down from 193.0 million levs in 2017, the company said in a bourse filing.
Operating expenses dropped to 51.8 million levs in 2018 from 194.0 million levs the year before.
Pinot Trading's assets edged up to 8.65 million levs at the end of 2018 from 8.22 million levs a year earlier.
(1 euro = 1.95583 levs)