May 04, 2016

Information Services made a profit amounting to over 4M BGN in the 1st Q of 2016

"Information Services" JSC made a profit amounting to over 4M BGN in the 1st Q of 2016. The Company revenues from sales grew to 176 thousand levs, which is 5% over the planned in the Business Plan for the same period. The increase was a result of new contracts and increased sales of electronic signatures by 40% compared to the planned. Reported profit before taxation was 440K BGN, which is 7 times more than the envisaged in the Business Plan.

In the 1st Q of the year it reported a decline in spending by 9%, which is a result of a consistent policy pursued in this direction by the management of "Information Services" JSC. Among the new projects of the company this year are: maintenance and development of IC INTRASTAT to the National Revenue Agency, maintenance and operation of the National Database on Population for three years, as well as activities of administration and audit of information and communication infrastructure, and consulting services for structures of public administration.