The 9-mo revenue of EMKA up 19.9% YoY, the net income increases 44.2%

The Q3’17 revenue of EMKA increased by 18.6% YoY to BGN 23.2m, where its goods revenue added 24.4% YoY to BGN 22.7m, while its other revenue dropped by 63.0% to BGN 0.5m. At the same the OPEX grew by 22.5% YoY to BGN 22.1m, eventually leading to a net income of BGN 0.7m, down by 24.6% YoY. The YTD sales totaled BGN 71.8m, up by 19.9% YoY, while the OPEX added 20.8% YoY, bringing the EBITDA to BGN 5.5m vs. BGN 5.2m in Jan-Sept 2016. With BGN 0.6m less depreciation allowances, the 9-mo net income reached BGN 3.2m, up 44.2% YoY.