29.08.2022

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


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

 

The Group's total consolidated profit after tax for the first half of 2022 reached BGN 22 780 thousand which is an increase by 37.57 % compared to the reported net profit in the amount of BGN 16559 thousand for the same period of the previous year and an increase by 209.9 % compared to the profit for the first half of 2020.

The consolidated net sales revenues for the first half of 2022 report a growth by 39.6 % compared to the sales for the same period of 2021 and over nearly 80 % increase compared to the reported sales for the first half of 2020. The net sales revenues for the first half of the year reached BGN 183.4 million.

We expect the consolidated revenues for the third quarter of 2022 to reach BGN 94.6 million thus we will report an increase by almost 31 % compared to the same period of the previous year and an increase by over 114 % compared to the same period of 2020. We confirm our expectations with the forecast revenues for the second half of 2022 to reach 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.

 

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

 
[No canvas support]>