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Atomenergoremont Recorded Flat Profits in First Quarter of 2022

Atomenergoremont, an enterprise that maintains the machinery in power plants, said that its net profit for the period from January through March of 2022 was 4.4 million levs ($2.4 million/2.2 million euro), slightly different from the same period the previous year.

According to a preliminary financial statement released on Wednesday, the Bulgaria-based company’s overall operational revenue increased to 9.2 million levs in the first three months of 2022 from 8.4 million levs in the same period of 2021.

In the period from January through March of 2022, net sales revenue was 7.3 million levs, a decrease of 2.45% as compared to the same period in the previous year.

Operating costs at Atomenergoremont increased throughout the analysis period from 4.1 million levs in the first quarter of 2021 to 4.8 million levs.

The company’s assets increased from 230.8 million levs in March of last year to 235.3 million levs at the completion of the month.