Albena Jsc (

) consolidated Jan – Sept profit rose 17% from 23.375 mln leva (11.951 mln euros) last year, to 27.352 mln leva (13.984 mln euros), according to the latest consolidated report.

Total revenue grew from 92.339 mln leva to 94.418 mln leva (48.275 mln euros). Net consolidated revenue came to 92.904 mln leva (47.501 mln euros), which is nearly 2.2 mln leva up from last year.

Total costs stood at 71.686 mln leva (36.652 mln euros), against 68.710 mln leva for the respective period last year. Costs on economic elements rose slightly, from 65.991 mln leva to 66.056 mln leva. Financial costs rose significantly, from 2.678 mln leva to 5.606 mln leva.

The balanced assets value increased by 58.4 mln leva y/y and reached 473.028 mln leva (241.855 mln euros). Fixed assets amounted to 438.926 mln leva (224.420 mln euros), compared with 400.822 mln leva at the end of December.

Long-term liabilities rose from 103.859 mln leva, to 129.328 mln leva (66.124 mln euros), and current liabilities grew from 29.767 mln leva to 35.527 mln leva (18.164 mln euros).

Albena Jsc has core capital in the amount of 4.273 mln leva (2.184 mln euros) and own capital at 303.219 mln leva (155.033 mln euros).

The resort consolidates the results of 12 subsidiaries and 3 associated companies: Albena car (100% of the capital), Albena Tour (99%), Bialata Laguna (99.88%), Dialysis center (100%), Eco Agro (94%), Ecoplod (50%), Ecostroy (67%), Ecofruit (89.8%), MC Medica Albena (100%), Tihiat Kat (60%), Cherno More 2000-in liquidation process-(100%), and Hotel des Masues, Switzerland.

The associated companies are Albena Invest Holding (47.83%), Albena Autotrans (28.95%) and Health Company Medika-Albena (49%).