Stara Planina Hold (

) booked 3.23 mln leva (1.65 mln euros) consolidated profit for the first quarter of 2008, down by 75% year on year. The minority interests of the holding company totaled 1.18 mln leva (603,300 euros) in the period. Stara Planina Hold posted 1.85 mln leva profit and 360,000 leva minority interests for the year-ago period.

The net sales revenue of the holding company amounted to 28.05 mln leva (14.34 mln euros) in the first quarter of 2008, up 25% year on year. The total operating revenue stood at 28.16 mln leva (14.39 mln euros) as at March 31, 2008, compared to 23.01 mln leva a year earlier.

The total operating costs of the company stood at 25.49 mln leva (13.03 mln euros) in the first quarter of the year compared to 21.2 mln leva for the year-ago period. Business costs accounted for 25.34 mln leva of the figure, compared to 21.02 mln leva a year earlier.

The balance sheet value of Stara Planina Hold's assets amounted to 89.09 mln leva (45.55 mln euros) as at the end of March 2008, up by 4% year on year.

The non-current assets of the company rose from 45.22 mln leva to 47.5 mln leva, while the current assets went up from 40.51 mln leva to 41.59 mln leva.

The long-term liabilities of the company amounted to 466,000 leva as at the end of March 2008, compared to 518,000 leva a year earlier. The current liabilities rose by nearly 200,000 leva to 15.97 mln leva over the period.

Stara Planina Hold's issued capital amounts to 21 mln leva (10.73 mln euros), while the equity capital stands at 53.93 mln leva (27.57 mln euros), compared to 51.89 mln leva a year earlier.

Stara Planina Hold's stock price has advanced by 4.15% to an average of 6.02 leva per share so far today.