Holding Varna AD reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was BGN 0.339 million compared to BGN 1.2 million a year ago. Revenue was BGN 13.23 million compared to BGN 12.14 million a year ago.

Net loss was BGN 0.195 million compared to BGN 2.05 million a year ago.