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.
ICT-focused Telelink Business Services Group’s (TBS BU) (TBS Group) shareholders voted a share buyback up to 3% by the end of 2020, the Company announced in a filing to the Bulgarian Stock Exchange
Close to 8% of the shares of Telelink Business Services Group AD (TBS Group) were successfully placed among investors within the first tranche of the company’s offering on the Bulgarian Stock Exchange.
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.
Current COVID-19 pandemic has already affected all participants in the Bulgarian economy. For Sopharma, this has led to increased demand for specific groups of medicines, including quinin-based medical products for fighting COVID-19, whose export was banned temporarily by the Bulgarian minister of healthcare with the aim of guaranteeing the local needs for this medicine.
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) will offer its up to 30% of shares on the Bulgarian Stock Exchange in two tranches. The first one will last from 27th Jan’20 to 31st Jan’20, and the second one will be held in the second half of Sep’20.
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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