Realtors construction companies facing decline in profit margins

Article Date : 17 July 2008
News Section: Bulgaria

The increased cost of construction materials and the standstill in property prices will push down the profit margins of the Bulgarian construction companies by 68 per cent in 2008, local real estate brokerage Yavlena said.Currently, the profit margin per build is 3035 per cent, considerably higher than the 1020 margin typical for mature markets, the realtors said...

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Article provided by The Sofia Echo.
Read the full article here: http://www.sofiaecho.com/article/realtors-construction-companies-facing-decline-in-profit-margins/id_30583/catid_74

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