Medica Posts 2.06 Leva Profit Per Share In H1
Medica AD (
) posts net consolidated profit in the amount of 670,000 leva (342,565 euros) in H1, or 2.06 leva per share, according to the company's report filed with the BSE. Only a year ago, the company had reported a positive result at 188,000 leva (96,122 euros), or 0.58 leva per share.
Net sales revenues grew 8.51% to 6.565 mln leva (3.356 mln euros), mainly due to increased revenue from sales of goods and production.
Costs on economic elements drop 0.34% to 5.797 mln leva (2.963 mln euros) in the period, which is mainly attributed to reduced costs on materials, payroll and insurance.
As of end of June 2007, Medica AD's assets stand at 21.51 mln leva (10.997 mln euros), against 20.925 mln leva (10.698 mln euros) a year ago. Core capital stands at 326,000 leva (166,681 euros) and own capital is in the amount of 18.251 mln leva (9.331 mln euros).
There were no transactions involving the stock on the BSE today, bids and asks stayed at 115 and 125 leva, respectively.