Sparky Eltos' operating expenses dropped to 18.2 million levs in the January-September period from 24.2 million levs in the like period of last year, the company said in an interim financial statement, published on Monday.
The company's revenue also fell, to 11 million levs in the review period from 15.9 million levs the year before.
Sparky Eltos' assets amounted to 115.4 million levs at the end of September, down from 121.9 million levs at the end of 2018. Current assets stood at 60.5 million levs at the end of September, while current liabilities totalled 79.7 million levs.
(1 euro = 1.95583 levs)