The Fourth quarter Financial Report of the company has submitted to the Financial Supervision Commission.
Through the interim report:
4Q 2012 showed a lower results than expected. Decline in consolidated sales, observed from April - May continued through the 2H 2012. Y2012 consolidated sales are 14.72% lower than Y2011, but they are 14.21% higher than Y2010 sales. The positive note: despite the falling sales our main companies work profitable.
The preliminary net profit of Stara Planina Hold in 2012 is 2,192 thousand Levs - 2 times greater than the previous year profit. The Stellar net profit growth is due to the excellent Y2011 results of the Group.