Following the successful first tranche of the share offering of Telelink Business Services Group AD (TBS Group), the preliminarily announced second tranche is scheduled to start next week. The company’s three largest shareholders will offer a new lot of up to 875,000 shares or 7% of the share capital between Monday, September 21st and Friday, September 25th, 2020.
The first quarter of 2020 saw a drop in both top and bottom lines as OPEX dropped slower than revenues. During the period, Korado sold a total of 114k radiators, down 1.6% y/y, generating sales revenues of BGN 8.8m, down 7.3% y/y, the latter being an evidence for a drop in end product prices.
On 11th June 2020, 5:00pm to 6:00pm (+3 GMT), ICT-focused Telelink Business Services Group will hold an online Investors event to present Q1 2020 Financials and answer to questions by current and potential investors.
Sopharma Trading, being a wholesaler and retailer of pharmaceuticals, OTC products and cosmetics, is part of the companies at the forefront of the fight against COVID-19.
Poultry producer Gradus (GR6 BU) reported standalone net profit of BGN 11.9m, down more than twice y/y, for FY2019, according to the Company’s unaudited individual financial statements for Q4’19.
Prior to the forthcoming first tranche of public offering of Telelink Business Services Group (TBS Group) shares on the Bulgarian Stock Exchange, as of 27 January 2020, ELANA Trading research team issued an in-depth corporate profile research report on the company to support investors in their decisions.
ICT-focused Telelink Business Services Group (TBS Group) reported preliminary results for FY2019: net profit reached BGN 8.2m, up 7% y/y, of which BGN 4m will be distributed as dividend, the Company announced in a filing to the Bulgarian Stock Exchange.
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