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Sofia Airport grows H1 net profit, revenue

Author Mario Tanev
Sofia Airport grows H1 net profit, revenue Author: Sofia Airport / All rights reserved.

SOFIA (Bulgaria), August 6 (SeeNews) - Sofia Airport said that its net profit rose to 7.2 million levs ($4.1 million/3.7 million euro) in the first half of 2019 from 7.0 million levs in the same period of 2018, following an increase in revenue.

The airport operator booked revenue of 87.4 million levs in the January-June period of 2019, up from 81.6 million levs the year before, the company said in an interim financial statement.

Sofia Airport's expenses grew to 79.4 million levs in the first six months of the year from 73.8 million levs in the comparable period of 2018.

The company's assets totalled 281.2 million levs at the end of June, up from 226.0 million levs a year earlier.

Sofia Airport welcomed some 3.46 million passengers in the first half of 2019, up from 3.38 million passengers in the same period of last year, according to statistics disclosed previously by the airport operator.

Last month, Bulgaria's transport ministry picked a consortium led by French-based Meridiam Eastern European Investments as winner of a tender for awarding a 35-year concession contract to run Sofia Airport. The ministry's decision was appealed by all four other candidates, which filed bids for the contract.

(1 euro = 1.95583 levs)