March 21 (SeeNews) - Cosmetics producer Bulgarian Rose [BUL:ROZA] said on Tuesday its sales revenue came in at 243,000 levs ($133,152/124,243 euro) in February, above its 201,000 levs forecast.
Bulgarian Rose posted a preliminary loss of 3,000 levs in February, the company said in a bourse filing. In comparison, it reported sales of 488,000 levs and a profit of 169,000 levs for the same month of last year.
Sales in March are projected at 235,000 levs, bringing sales revenue in the first quarter of 2023 to 686,000 levs.
Karlovo-based Bulgarian Rose, established in 1948, manufactures cosmetic products for face, body, and hair using rose oil and locally-grown herbs. The company is part of local blue-chip industrial group Stara Planina Hold [BUL:SPH].
Shares in Bulgarian Rose last traded at 1.70 levs on the Bulgarian Stock Exchange, bourse data show.
(1 euro = 1.95583 levs)