Bulgartabac Reports First Quarter Profit

Source from:  Tobacco Reporter 05/03/2011

Bulgartabac Holding, which is due to be privatized this year, made a profit of BGN1.319 million during the first quarter of 2011, as against a net loss of BGN1.675 million during the first quarter of 2010. The first quarter 2011 profit was made on a revenue of BGN7 million, up 67.36 per cent on its revenue during the first three months of 2010. Bulgartabac made a profit of BGN20 million during the whole of last year. Enditem