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

Bulgaria's Plovdiv Airport operator expands 9-mo net loss on lower revenue

Author Mario Tanev
Bulgaria's Plovdiv Airport operator expands 9-mo net loss on lower revenue Author: Plovdiv Airport. Licence: All rights reserved.

SOFIA (Bulgaria), November 6 (SeeNews) - Bulgarian state owned airport operator Plovdiv Airport said that its net loss widened to 511,000 levs ($290,000/261,000 euro) in the first nine months of 2019 from 223,000 levs in the same period of 2018, as revenue fell while expenses remained flattish.

Plovdiv Airport's operating revenue fell to 2.7 million levs in the January-September period of 2019 from 3.0 million levs in the comparable period of last  year, the company said in an interim financial statement.

Operating expenses remained virtually unchanged at 3.2 million levs.

Plovdiv Airport welcomed 60,359 passengers in the review period, down by an annual 46.4%. Cargo handled at the airport decreased sharply to 157 tonnes in January-September from 493 tonnes the year before.

(1 euro = 1.95583 levs)

Compare