Holding Patishta's (

) 2007 consolidated profit stands at 18.1 mln leva (9.254 mln euros), which is a 110% hike compared with the preceding year, the company's report revealed. Core capital stands at 432,000 leva, which means profit per share is 41.9 leva.

Last year revenues totaled 149.26 mln leva (76.315 mln euros), 154% up from 2006. Sales revenues rose from 90.84 mln to 148.29 mln leva (75.819 mln euros).

At the end of 2007 the company made several announcements about contracts for public procurement projects with the Republican Road Infrastructure Network.

Costs are rising from 81.81 mln to 129.8 mln leva (66.365 mln euros) y/y. Costs on economic elements came to 123.92 mln (63.359 mln euros) compared with 79.71 mln leva in 2006.

In December the balanced value of assets surged 64% to 192.75 mln leva (98.551 mln euros). Fixed assets amounted to 93.87 mln leva (47.994 mln euros).

The value of machines and equipment rises from 21.97 mln to 36.56 mln year-on-year, and that of transport vehicles - from 4.87 mln to 11.99 mln leva.

In April Holding Patishta announced an agreement had been signed with Austrian Ammann Asphalt Gmbh for the purchase of 3 asphalt mixers and 21 steam rollers.

Costs on the acquisition and liquidation of fixed assets are also increasing - from 969,000 to 11.42 mln leva (5.83 mln euros). Last year the holding acquired interests in several companies, among which, the Pleven-based Patengineering (93%).

Current assets grew from 67.68 mln to 98.88 mln leva (50.556 mln euros).

Long-term liabilities rose from 45.29 mln to 74.64 mln leva, and current liabilities soared from 45.92 mln to 61.49 mln leva.

Holding Patishta has a core capital of 432,000 leva and its own capital totals 56.2 mln leva (28.73 mln euros), compared with 26.25 mln (134.421 mln euros) in 2006.

The stock added 0.2% on BSE today to 1 210.84 leva at a turnover of 257 shares.