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News: Bulgaria >> North-East region >> Silistra district >> Silistra municipality >> Town of Silistra>> Silistra-based Fazerles reported profit growth of 0.15% despite 14% decrease of sales

News and Articles related to Town of Silistra
Current date: 2010-02-09 10:51

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Information about Town of Silistra

Silistra-based Fazerles reported profit growth of 0.15% despite 14% decrease of sales

Business: Friday, 2009-03-27 11:45
Article by: Pari Daily

Silistra-based manufacturer of hardboards and sawn wood Fazerles reported 14-percent less sales for 2008 to BGN 27.4 million. The company exports most of its production and 90% of the export is for EU. Total turnover of Fazerles included in the broader BG40 of the most traded stocks and BGTR30 of the best performers in total return indexes on BSE dropped by 14% to BGN 27.7 million against BGN 32.13 million for 2007.

Despite the drop, in 2008 profit registered minimal growth of 0.15% year on year to BGN 5.43 million compared with BGN 5.422 million the previous year.

Scope: Town of Silistra;

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