Renewables

Bulgaria’s Solarpro Holding turns to net loss in 2014

Published

April 1, 2015

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Published:

April 1, 2015

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Bulgarian provider of products and services for the solar industry Solarpro Holding said it turned to net loss of BGN 993,000 (EUR 507,700) in 2014 from net profit of BGN 57,000 a year earlier, reported SeeNews portal.

The company’s revenues grew to BGN  3.9 million in 2014 from BGN 2.6 million in 2013, it said in a financial report filed with the Bulgarian stock exchange. Expenditures grew to BGN 7.7 million in 2014 from BGN 5.0  in 2013.

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