The company booked higher cost of materials, rising to 11.1 million levs in 2022 from 9.52 million levs a year earlier. At the same time, costs for external services climbed to 3.01 million levs from 2.17 million levs.
The company’s revenue also increased, to 21.65 million levs from 18.49 million levs. Growth was mainly due to sales, which climbed by 16% on the year to 21.16 million levs in 2022. In addition, the company booked other income of 485,000 levs in 2022 after 287,000 levs a year earlier.
Shares in Lavena last traded at 2.80 levs on the BaSE market of the Bulgarian Stock Exchange, bourse data show.
In January, the company reported a non-consolidated net profit of 1.2 million levs for 2022, down from 1.6 million levs a year earlier.
Source: See News