Hydraulica 96 Increases Its Stake In Hidropnevmotehnika To 71.05%
Hydraulica 96 Kazanlak has acquired 5121 shares, or 12.84% of the capital of Hidropnevmotehnika AD Kazanlak after tender offer, BSE reports.
Thus, Hydraulica’s stake in the company’s capital has increased from 58.21% to 71.05%.
Hidropnevmotehnika AD posted net 1H profit in the amount of 245,000 leva (125,266 euros), or 6.14 leva per share, against 64,000 leva (32.722 euros), or 1.60 leva per share a year ago.
Net sales revenues for the period stand at 1.422 mln leva (727,057 euros), which is a 47.51% hike mainly due to higher revenues from production sales.
Hidropnevmotehnika AD has a core capital in the amount of 79,784 leva (40,792 euros) allocated in 39,892 registered shares with a face value of 2 leva.
83 shares changed hands on the position today at prices between 109.00 and the record 109.694 leva/share.