November 21 (SeeNews) - Cosmetics producer Bulgarian Rose [BUL:ROZA] said on Monday that its sales amounted to 4.19 million levs ($2.2 million/2.14 million euro) in the first ten months of 2022, slightly exceeding the company’s forecast of 4.15 million levs.
Bulgarian Rose booked a preliminary profit of 339,000 levs in the ten months through October, the company said in a bourse filing.
In comparison, the firm posted sales of just over 3 million levs and a profit of 547,000 levs for the first ten months of 2021.
In October 2022, the company’s preliminary profit reached 38,000 levs while sales amounted to 316,000 levs, according to the latest statement.
Looking ahead, Bulgarian Rose forecast sales of 330,000 levs for November, which would bring its eleven-month sales to 4.52 million levs.
Shares in the company last traded at 1.59 levs on the BaSE market of the Bulgarian Stock Exchange, bourse data show. The firm's equity capital is divided into 5.35 million shares with a par value of 1 lev each.
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].
(1 euro = 1.95583 levs)