News

Solarpro Holding turns to consolidated net profit

Published

September 29, 2015

Comments

0

Share

Published:

September 29, 2015

Comments:

0

Share

Bulgarian provider of products and services for the solar industry Solarpro Holding reported a consolidated net profit of BGN 831,000 (EUR 425,000) in the first three months of 2015, compared to a net loss of EUR 660,000 million a year earlier, SeeNews said.

The company’s sales revenues more than halved to EUR 840,000 in the first quarter, compared to EUR 1.84 million from the same period of last year, it said in a financial report filed with the Bulgarian Stock Exchange. Expenditures shrank to EUR 970,000 in the period under review, from EUR 2.86 million in the corresponding three months of 2014.

Bulgarian industrial and financial group Alfa Finance Holding holds a 45.5% stake in Solarpro Holding, which also operates in Romania and Macedonia.

Related Articles

matija medojevic mepx CEO belen montenegro power exchange

Montenegrin Power Exchange – road to EU

25 September 2023 - MEPX is working to fulfill the conditions for obtaining the NEMO status, CEO Matija Medojević told Balkan Green Energy News in an interview

WISE Serbia Women leaders of energy transition myth reality

WISE Serbia: Women leaders of energy transition are no myth but reality

25 September 2023 - The conference Women of Serbia in Sustainable Energy – Leadership for the Energy Transition was organized by the WISE Serbia women's network

Central, Eastern Europe severely lagging in smart meters rollout

Central, Eastern Europe severely lagging in smart meters rollout

25 September 2023 - Smart meters are a vital part of the modern power grid, as they facilitate energy saving, demand response and numerous other applications

Eurelectric-Europe-attract-unprecedented-investments-grid-expansion

Eurelectric: Europe must attract unprecedented investments in grid expansion

22 September 2023 - After a period of historic hardship, the electricity sector in Europe showed several positive trends, according to Eurelectric.