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Apr 28, 2022 18:08 EEST
April 28 (SeeNews) - Cosmetics producer Bulgarian Rose [BUL:ROZA] said on Thursday that its net profit rose to 96,000 levs ($51,500/49,100 euro) in the first quarter of this year from 14,000 levs in the like period of 2021.
Bulgarian Rose recorded 1.7 million levs revenue in the first three months of 2022, up from 665,000 levs a year earlier, the company said in an interim financial statement.
The company's expenses also increased, to 1.6 million levs from 651,000 levs.
Shares in Bulgarian Rose last traded on the Sofia bourse at a price of 1.77 levs, bourse data showed.
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 blue-chip industrial group Stara Planina Hold [BUL:SPH].
(1 euro = 1.95583 levs)
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