The company predicts that by the end of July sales will accelerate the decline
“Hold Stara Planina” AD reports consolidated sales of nearly 138.6 million levs for the first six months of 2024. This is almost 33% less compared to consolidated sales revenues for the first six months of 2023, the company reports via the x3news.com website.
For the period January-July, the company expects sales to reach 160.24 million levs, which would be 33.5% less on an annual basis.
Sales of “M + S Hydraulic” AD in June amounted to
Financial Results for June 2024
The company reported sales of 5.853 million leva for June, which is more than 22% lower compared to the previous year. The interim gross profit for June 2024 is 946 thousand leva, with a year-to-date accumulation of almost 7.9 million leva.
Sales Forecast for July
The company predicts that sales for July will reach 11.35 million leva, with a total of 83.745 million leva for the period from January to July of this year.
Positive Growth for Bulgarian Cosmetics Company
With sales reaching almost 6 million leva in July, the cosmetics manufacturer from Karlovo, “Bulgarian Rose” AD, is experiencing a positive trend in its financial performance. Sales for June 2024 were reported at 507 thousand leva, with a cumulative total of over 2.4 million leva since the beginning of the year. The company’s preliminary financial results for June showed a profit of 85 thousand leva, with a half-year profit of 97 thousand leva.
The company forecasts sales of 341 thousand leva for July 2024, with a cumulative total from the beginning of the year expected to exceed 2.6 million leva. This growth is a promising sign for the company’s future success in the cosmetics industry.
Financial Update for Elhim Iskra AD
In June, the sales of Elhim Iskra AD reached nearly 2.6 million leva, with total sales for the first half of the year surpassing 18.9 million leva. However, the company reported a loss of 141 thousand leva for June and a loss of over 1.2 million leva for the first half of the year.
For July, the company is expecting sales to exceed 3.2 million leva.
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