Bulgarian Sopharma Trading's profit soars to BGN 5.3m

Bulgarian Sopharma Trading's profit soars to BGN 5.3m


Bulgarian drug distributor Sopharma Trading, part of local pharmaceutical group Sopharma, saw its profit triple to BGN 5.3 million in the first nine months of 2010 compared with the corresponding period a year earlier. According to the company's non-consolidated report, the company recorded a positive result of BGN 1.78 million for January to September 2009. Sopharma Trading's sales stood at BGN 291 million in the period, up 12%. The rise in the distributor's figures was triggered by the market's continuing growth, the efficient logistics of the company and the diversification of its product portfolio and clients, according to the report.