Bulgaria's MonBat 2012 cons pre-tax profit falls 5% to 10.5 mln euro

Bulgaria's MonBat 2012 cons pre-tax profit falls 5% to 10.5 mln euro

SOFIA (Bulgaria), January 28 (SeeNews) – Bulgarian car battery producer MonBat [BUL:5MB] said on Monday its consolidated pre-tax profit fell by 5% to 20.5 million levs ($14.1 million/10.5 million euro) in 2012.

The company’s net sales revenue rose by 10% to 200.7 million levs last year, MonBat said in a note to investors.

In December alone, MonBat’s pre-tax profit slid by 10% on the year to 1.9 million levs, while consolidated sales revenue increased by an annual 14% to 20.6 million levs.

(1 euro = 1.95583 Bulgarian levs)

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