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Sofia Commerce Pawn Brokerage 9-mo cons net profit edges down, revenue falls

Author Vasil Kolchev
Sofia Commerce Pawn Brokerage 9-mo cons net profit edges down, revenue falls Photo: Sofia Commerce-Pawn Brokerage / All rights reserved.

SOFIA (Bulgaria), November 30 (SeeNews) - Bulgarian pawnshop chain operator Sofia Commerce-Pawn Brokerage [BUL:SCOM] said that its consolidated net profit inched down to 1.37 million levs ($788,280/698,940 euro) in the first nine months of 2021 from 1.4 million levs in the like period of last year.

The company's total revenue decreased to 4.6 million levs in the January - September period from 5 million levs a year earlier, Sofia Commerce-Pawn Brokerage said in an interim financial statement published on Monday.

Expenses in the review period fell to 3.1 million levs from 3.5 million levs a year earlier.

The company's assets went down to 11.3 million levs at the end of September from some 12.4 million levs at the end of last year.

Sofia Commerce-Pawn Brokerage operates a chain of over 100 pawnshops in Bulgaria.

As at 11:45 CET on Tuesday, shares in Sofia Commerce-Pawn Brokerage traded flat at 8.15 levs on the floor of the Bulgarian Stock Exchange.

(1 euro = 1.95583 levs)

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