BTC net profit slumps 12%

28 Feb 2008

A BGN9.31 million (USD7.17 million) increase in financial expenses was behind a 12% drop in 2007 consolidated profit, reports Bulgarian Telephone Company (BTC). Net profit for the twelve months ended 31 December 2007 was BGN116.08 million, down from BGN132.31 million a year ago. Sales rose 2% to BGN1.02 billion.

Bulgaria, Vivacom (BTC)