Aroma Posts 1H Net Non-Consolidated Profit At 2.346 Mln Leva

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Aroma AD () posted a net non-consolidated profit in the amount of 2.346 mln leva (1.199 mln euros), or 0.45 leva per share in the year's first half, shows the company's report filed with the BSE.

Last year the company reported a positive result at 249,000 leva (127,311 euros), or 0.05 leva per share.

Revenues are 16.74% down for the period to15.73 mln leva (8.042 mln euros), which is mainly due to lower sales revenues.

Costs were reduced 28.21%, from 18.644 mln leva (9.532 mln euros) to 13.384 mln leva (6.843 mln euros).

The management is planning to propose a three-fold capital increase with own funds before the end of the year. The intention was revealed by managers at the end of June.

Currently the company's core capital stands at 5.164 mln leva (2.640 mln euros), and its own capital at 31.993 mln leva (16.357 mln euros). 8436 lots changed hands on the position today at prices between 9.55 leva and 10.495 leva/share.

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