September 20 (SeeNews) - Bulgarian car battery manufacturer Elhim Iskra [BUL:ELHM] reported on Tuesday a preliminary gross loss of 394,000 levs ($200,756/ 201,449 euro) on sales revenue of 30.3 million levs in the first eight months of 2022.
In August alone, the company achieved a profit of 135,000 levs, it said in bourse filing. Sales in the eighth month of the year reached 3.75 million levs, exceeding the company’s expectations of 3.6 million levs.
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Looking ahead, Elhim forecast sales of 3.3 million levs for September.
By 1453 CEST, shares in the company were traded flat at 0.70 levs on the Sofia bourse.
Elhim Iskra is part of local blue-chip diversified group Stara Planina Hold [BUL:SPH]. The Pazardzhik-based company exports some 90% of its output.
(1 euro = 1.95583 levs)