Varna-based economic group Chimimport posted 2007 profit in the amount of 120.7 mln leva (61.712 mln euros), which is 2.3 times above the financial result for 2006, the consolidated report shows. Chimimport's profit per share comes to 0.8 leva.

Net result from non-finance activities rose to 40.19 mln leva (20.54 mln euros), from 29.02 mln in the preceding year, (39%). Non-financial revenues stood at 521.84 mln (266.8 mln euros) versus 481.65 mln leva a year ago.

Net revenues from the insurance sector stood at 13.35 mln leva (5.8 mln euros) in December, or 74% above 2006.

Net revenues from interest rose 56% to 53.66 mln leva (27.435 mln euros).

The positive result from operations with financial instruments brought Chimimport a net 123.5 mln leva (63.144 mln euros), compared with 37.45 mln in 2006, which is 230% up y/y.

At the end of 2007 the balanced value of assets reached 2.75 bln leva (1.406 bln euros), which is 69% up from the preceding year. Fixed assets stand at 1.2 bln leva (613 mln euros), up from 736.45 mln leva at the end of 2006. The hike is attributed primarily to changes in long-term financial assets, properties, equipment and facilities.

The value of current assets surged from 895.02 mln leva to 1.55 bln leva (792 mln euros).

Chimimport's long-term liabilities grew by nearly 700 mln to 1.08 bln leva. Current liabilities stand at 802.71 mln leva, slightly down from 854.38 mln at the end of 2006.

Core capital stands at 150 mln leva (76.69 mln euros). Own capital is at 808.57 mln leva (413 mln euros), up from 351.1 mln leva at the beginning of 2007.

The stock has added 0.54% so far today on the BSE to an average of 11.17 leva at a turnover of 16,319 shares.