3Q 2021 Financial Notification of the company has submitted to the Financial Supervision Commission.
The nine months of 2021 show high results. The net profit of Stara Planina Hold Plc as of 30.09.2021 reached BGN 7 859 thousand which is an increase by 47.14 % compared to the reported net profit in the amount of BGN 5 341 thousand for the same period of the previous year and an increase by almost 17 % compared to the profit for the nine months of 2019.
Based on the reported results for September, 2021 the Board of Directors expects the consolidated revenues for the third quarter of 2021 to reach BGN 71 million thus reporting an over 60 % growth compared to the same period of the previous year and an increase by over 35 % compared to the same period of pre-crisis 2019. With the forecast revenues for the second half of 2021, we will report an increase by over 46 % compared to the same period of the previous year and an increase by over 40 % compared to the second half of 2019.
The Board of Directors updates the forecast expectations and anticipate the sales in 2021 to reach BGN 274.5 million – over 37 % growth compared to 2020 and almost 23 % increase compared to 2019.