1H Net Non-Consolidated Profit Of Holding Varna A Dips To 1.129 Mln Leva

Holding Varna A () posted a net non-consolidated profit in the amount of 1.129 mln leva (577,248 euros) in 1H, compared with 6.968 mln leva (3.562 mln euros) a year ago, shows the company's report filed with the BSE.

Total revenues for the period stand at 2.079 mln leva (1.062 mln euros), against 7.173 mln leva (3.667 mln euros) a year ago. The company attributes the drop to lower positive results from operations with financial assets and instruments - down from 7.131 mln leva (3.646 mln euros) to 1.651 mln leva (844,142 euros).

Revenues from interest rates increase over the period, and revenues from dividends stand at 367,000 leva (187,644 euros).

Total costs amount to 950,000 leva (485,727 euros), against 205,000 leva (104,814 euros) last year.

As of June 30, the company's assets stand at 40.389 mln leva (20.650 mln euros), compared with 34.794 mln leva (17.790 mln euros) on 30 June 2006. Holding Varna A has a core capital in the amount of 1 mln leva (511,291 euros), and equity capital at 11.698 mln leva (5.981 mln euros).

Minutes before the end of the bourse session today, 2719 lots have been transferred at prices between 47.00 and 57.10 leva.

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