NEC Reports BGN 210m Revenue for Jan-Aug.

28.09.2001 Source: SEEurope

The accounting profit of the National Electric Company (NEC) for the eight months of 2001 is BGN 210m, which is by BGN 75m above the expected revenues. Revenues from electricity exports for the specified period amount to BGN 110m. Losses from the electricity sale are BGN 7.4m for the period, the report of the company shows. The investment program for 2001 is at the value of BGN 166m. The funds, which have been spent by now, amount to BGN 46m.