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Nov 20, 2017 12:04 EEST
November 20 (SeeNews) - Bulgarian fuel and building materials retailer Toplivo [BUL:3TV] said on Monday its consolidated net loss widened to 3.5 million levs ($2.1 million/1.8 million euro) in the first nine months of the year from 2.0 million levs in the prior-year period.
Toplivo’s operating revenue increased to 154.3 million levs in the January-September period from 150.5 million levs in the like period a year earlier, the company said in an interim financial report filed with the Sofia bourse.
Operating expenses rose to 157.8 million levs in the review period compared to 152.7 million levs a year earlier.
Toplivo is majority owned by Synergon Holding [BUL:6S7], which held a 73.42% stake in the company at end-October.
Earlier this month, Synergon Holding said it has sold its Chinese subsidiary Toplivo-Beijing.
(1 euro = 1.95583 levs)
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