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News Gips nine-month loss rises by 80% to Euro1.28m

Gips nine-month loss rises by 80% to Euro1.28m

Written by Global Gypsum staff
25 January 2013
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Bulgaria: Bulgarian gypsum producer Gips has reported that its net loss in the first nine months of 2012 has increased by 80% to Euro1.28m from Euro0.71m in the same period in 2011. The company's revenue rose by 35.7% to Euro4.35m in the same period, according to a bourse filing. Gips, Bulgaria's sole producer of natural gypsum, was set up in 1965. The company has absorbed a total of Euro11.2m in investments since it was privatised in 2006.

Last modified on 25 January 2013
Published in Global Gypsum News
Tagged under
  • Results
  • GIPS
  • Bulgaria

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