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Bulgaria's Trace Group swings to Q1 non-cons net loss, revenue plummets


Bulgaria s Trace Group swings to Q1 non-cons net loss, revenue plummets
Author: Trace Group Hold. Licence: All rights reserved.
SOFIA (Bulgaria), May 12 (SeeNews) - Bulgarian construction company Trace Group Hold [BUL:T57] said that it turned a standalone net loss of 424,000 levs ($263,000/216,800 euro) in the first quarter of 2021 from a net profit of some 6.6 million levs in the same period of last year, as its revenue slumped.
Trace Group Hold s operating revenue fell to 8.3 million levs in the first three months of this year from 23.4 million levs in the comparable period of 2020, it said in an interim financial statement at the end of last month. ....

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