Korado Bulgaria announced earnings results for the first half of 2018. For the first half, pre-tax profit rose 20% year-on-year to BGN 3.6 million ($2.1 million/EUR 1.84 million). Total revenue fell by 4.0% to BGN 20.8 million. The rise in pre-tax profit was achieved despite the increase in steel prices and the expected decline in sales.