29.07.2022

Stara Planina Hold Plc announced a Financial Report for the first half of 2022.

The net profit of Stara Planina Hold Plc for the first half of 2022 reached BGN 7 570 thousand, which is an increase by 7.15 % compared to the reported net profit in the amount of BGN 7065 thousand for the same period of the previous year and an increase by 51.22 % compared to the profit for the first half of 2020.

The preliminary summary data show that the results exceed the published expectations as the consolidated sales for the first half of 2022 will be over 38 % higher than the sales for the same period of 2021 and over 78 % higher than the reported sales for the first half of 2020. We expect the net sales revenues for the first half of the year to reach BGN 182.7 million.

We expect the consolidated revenues for the third quarter of 2022 to reach BGN 94.5 million thus we will report an increase by over 30 % compared to the same period of the previous year and an increase by over 114 % compared to the same period of 2020. With the forecast revenues for the second half of 2022, we will report an increase by nearly 27 % compared to the same period of the previous year and an increase by over 88 % compared to the second half of 2020. We anticipate sales in 2022 to exceed BGN 366 million – 31.7 % growth compared to 2021 and 9.86 % increase compared to our initial expectations for 2022.

 

Documents:
Activity Report
Financial Report
Explanatory Notes
Declarations
Inside information under the Market Abuse Regulation

 

CONSOLIDATED HALF-YEAR SALES incl. updated forecast for 2022 ( BGN million)

 
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