Holding Varna AD Second Quarter 2023 Earnings: лв0.27 loss per share (vs лв0.17 profit in 2Q 2022)

Holding Varna AD (BUL:HVAR) Second Quarter 2023 Results

Key Financial Results

• Revenue: лв19.5m (up 23% from 2Q 2022).
• Net loss: лв1.73m (down by 252% from лв1.14m profit in 2Q 2022).
• лв0.27 loss per share (down from лв0.17 profit in 2Q 2022).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Holding Varna AD's share price is broadly unchanged from a week ago.

Risk Analysis

Before we wrap up, we've discovered 2 warning signs for Holding Varna AD (1 is a bit concerning!) that you should be aware of.

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