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Bulgaria’s Odessos Shiprepair Yard reports lower H1 net profit

Sofia, Bulgaria (PortSEurope) July 21, 2017 – Bulgaria’s Odessos Shiprepair Yard S.A. has reported an after-tax profit decreased to BGN 1.73 million (€880,000/$1.03 million)) in the first half of 2017 from BGN 3.43 million in the same period of 2016. Revenue was down 18.5% to BGN 14.35 million and net profit fell to BGN 3 million from BGN 5.2 million in 2016. Odessos Shiprepair Yard is located in the
Black Sea port of Varna. Source: Odessos Shiprepair Yard S.A. Copyright (c) PortSEurope. All Rights Reserved. 2017.

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