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Sep 21, 2023 11:54 EEST
September 21 (SeeNews) - Cosmetics producer Bulgarian Rose [BUL:ROZA] said on Thursday that its sales revenue totalled 2.83 million levs ($1.55 million/1.45 million euro) in the first eight months of 2023, slightly above its 2.77 million levs forecast.
In August alone, the company registered a preliminary profit of 115,000 levs, while sales came in at 707,000 levs, Bulgarian Rose said in a stock exchange filing. In comparison, it posted a profit of 20,000 levs on sales of 281,000 levs in the same month of 2022.
Sales in September are seen at 276,000 levs, bringing revenue in the first nine months of 2023 to some 3.1 million 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 1.60 levs on the BaSE market of the Bulgarian Stock Exchange, bourse data show.
(1 euro = 1.95583 levs)
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