TBSG audit for 2024 trimmed net profit by 1.1% (NEUTRAL)

02.05.2025 Source: TBSG; FFBH

The audit of Telelink Business Services Group’s consolidated reports for 2024 increased the operating profit by BGN 1m. This came due to the higher revenue and lower operating expenses. As a result, the cons top-line came to BGN 224.8m (+21.7% YoY; +BGN 0.9m vs. prelim), while the net profit for the year was restated slightly lower at BGN 11.6m (+23% YoY) due to the audit changes to the extraordinary items account.