Stara Planina Hold Plc announced a Consolidated Public Notification on the Financial Standing for the nine months of 2022.
The consolidated sales for the nine months of 2022 report a 38.22 % growth compared to the sales for the same period of 2021 and an increase by 92.2 % compared to the reported sales for the nine months of 2020.
The consolidated revenues only for the third quarter of 2022 reached BGN 98.5 million and thus we report an increase by 36.3 % compared to the same period of the previous year and an increase by over 122 % compared to the same period of 2020. We update our expectations by predicting that sales in the second half of 2022 will exceed BGN 187 million - with nearly 28% growth compared to the second half of 2021 and we expect annual consolidated sales to reach about 33% growth compared to those reported in 2021.
The gross consolidated profit of the Group of Stara Planina Hold Plc for the nine months of 2022 amounts to BGN 41 943 thousand and reports a 55.29 % growth compared to the gross profit for the same period of 2021 and an increase by over 200 % compared to the first quarter of 2020.