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Petrol AD posts first quarter loss

Petrol AD posts first quarter loss

Petrol AD slid into the red in the first quarter with net losses of BGN2.4m against profits of BGN23.9m last time.

Revenues rose to BGN327.6m from BGN293.5m but the cost of goods sold increased to BGN312.2m from BGN267.3m.

Story provided by StockMarketWire.com

01/06/2012