April 27 (SeeNews) - Bulgarian port towage services company Port Flot-Burgas [BUL:PFB] said on Wednesday that its non-consolidated net profit rose to 446,000 levs ($241,900/228,000 euro) in the first three months of 2022 from 228,000 levs in the same period of last year.
Port Flot-Burgas' revenue increased to 2 million levs in the first quarter of this year, compared with 1.7 million levs in January-March 2021, the company said in an interim financial statement.
The port towage company posted a net sales revenue of 1.7 million levs in the first quarter of 2022, up 20.6% year-on-year.
The company's expenses grew to 1.6 million levs in the review period from 1.4 million levs a year earlier.
Port Flot-Burgas' assets totalled 44.9 million levs at the end of March, down from 45.7 million levs a year earlier.
Shares in Port Flot-Burgas last traded on the Sofia bourse at a price of 5 levs, bourse data showed.
(1 euro = 1.95583 levs)