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Nov 30, 2017 11:23 EEST
November 30 (SeeNews) - Bulgarian software developer Sirma Group Holding [BUL:SKK] said its consolidated after-tax profit rose to 3.3 million levs ($2 million/1.68 million euro) in the first nine months of 2017, from 2.4 million levs in the like period of 2016.
Total revenue increased to 37.1 million levs in the January-September period, compared to 27.7 million levs a year earlier, Sirma said in a bourse filing late on Wednesday.
Total costs rose to 33.35 million levs in the period under review, from 25 million levs the year before.
Operating profit rose to 3.8 million levs in the first nine months, from 2.6 million levs in the corresponding period of 2016.
Sirma Group Holding, founded in 1992 simultaneously in Bulgaria and Canada, employs more than 300 and operates on five continents. The company is active in semantic technology, mobile applications, enterprise resource planning, business intelligence, electronic government, financial and bank services.
(1 euro=1.95583 levs)
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