Sofia Mel Posts 2.11 Leva Profit Per Share in 1H
Sofia Mel (
) posts net non-consolidated profit in the amount of 1.419 mln leva (725,523 euros), or 2.11 leva per share in 1H, the company’s report filed with the BSE reveals.
Last year the company reported a negative financial result at 552,000 leva (282,233 euros), or 0.83 leva per share in 1H.
Net sales revenues increased 40.7% to 25.322 mln leva (12.946 mln euros).
Costs on economic elements rose 29.39% to 23.373 mln leva (11.950 mln euros), from 18.064 mln leva (9.235 mln euros) a year ago.
As of June 30, assets stand at 48.664 mln leva (24.881 mln euros), up 2.59% from 1H in 2006. Sofia Mel has a core capital in the amount of 673,000 leva (344,099 euros) and own capital at 22.368 mln leva (11.436 mln euros).
LLI Euromils Gmbh Varna controlling 60% of the capital is planning to make a tender offer to the rest of shareholders at 77.52 leva per share.
81 lots changed hands on the position yesterday at prices between 69.00 and 70.00 leva/share.