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Nov 28, 2022 12:53 EEST
November 28 (SeeNews) - Bulgaria's Bobov Dol thermal power plant (TPP) [BUL:TC8A] reported on Monday a consolidated net profit of 1.87 million levs ($999 million/956 million euro) for the first nine months of 2022 after a loss of 15 million levs in the same period of 2021.
The company's revenue increased to 151.5 million levs in January-September from 124.5 million levs a year earlier, TPP Bobov Dol said in an interim financial statement.
At the same time, the power plant's operating expenses rose to 148.3 million levs from 101.6 million levs due to higher costs of materials and expenses for external services.
According to the financial statement, local consortium Energy MK which bought the power plant in 2008, held a stake of 95.56% as of the end of September.
TPP Bobov Dol, established in 2000, is located in Kyustendil region, in southwestern Bulgaria and has an installed capacity of 630 megawatts.
At the end of October, the power plant reported a non-consolidated net loss of 4.4 million levs on revenue of 127.3 million levs for the first nine months of 2022.
(1 euro = 1.95583 levs)
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