Korado-Bulgaria reported earnings results for the full year of 2016. For the year, pre-tax profit jumped 51% year-on-year to BGN 3.25 million in 2016. The results are mainly due to the operations of the company's new towel rail radiators plant, as well as its successful expansion in two new markets - France and Hungary, the company said in a yearly financial report filed with the Sofia bourse. Sales revenue rose 19% to BGN 32.8 million in 2016. The company's operating profit increased to BGN 3.3 million in 2016, compared to 2.2 million a year earlier.