You have 3 free articles left this month. Get your free Basic subscription now and gain instant access to more.

Bulgaria's Sv. Sv. Konstantin i Elena Holding halves net loss in H1 on higher revenue

Author Radina Veleva
Bulgaria's Sv. Sv. Konstantin i Elena Holding halves net loss in H1 on higher revenue Sv. Sv. Konstantin i Elena Holding / All rights reserved.

SOFIA (Bulgaria), August 30 (SeeNews) - Bulgarian hotel operator Sv. Sv. Konstantin i Elena Holding [BUL:SKEH] said on Monday that it closed the first half of 2021 with a consolidated net loss of some 2.7 million levs ($1.6 million/1.4 million euro), compared to a net loss of some 5.2 million levs a year earlier.

Sv. Sv. Konstantin i Elena Holding's revenue jumped to some 7.3 million levs in the period under review, from 3.1 million levs a year earlier, the company said in an interim financial statement.

Operating expenses went up to some 8.7 million levs in January-June 2021 from 6.7 million levs in the comparable period of 2020.

Shares in Sv. Sv. Konstantin i Elena Holding last traded on Friday, closing at 22.20 levs on the Bulgarian Stock Exchange, bourse data showed.

(1 euro = 1.95583 levs)

Share this story
SeeNews in Brief

View our Newsletters

 
Compare