July 7 (SeeNews) - Bulgarian construction company Trace Group Hold [BUL:T57] said on Tuesday that it expects its revenue from contracts with clients to rise by an annual 1% to 57.9 million levs ($33.3 million/29.6 million euro) in the first half of 2020.
Other revenue is expected to fall 5% to 1.9 million levs in the first six months of the year, documents filed with the Bulgarian Stock Exchange showed.
In the first quarter of 2020, Trace Group Hold's revenue decreased 14% to 23.3 million levs.
As at 11:40 CET on Tuesday, Trace Group Hold shares traded 1.61% higher at 3.78 levs.
Trace Group Hold's activities include rehabilitation, reconstruction and construction of roads, highways, airports, underground stations and underground railways and stations, surface railroads and facilities, urban infrastructure and road marking.
(1 euro = 1.95583 levs)