Plovdiv-Yuri Gagarin BT (

) booked 1.46 mln leva loss in the first half of 2008, compared to 2.84 mln leva profit for the year-ago period.

The operating revenue of the company totaled 19.47 mln leva as at the end of June 2008, down by 10% year on year. The net sales revenue declined by 3.3% to 18.77 mln leva.

The operating costs of the company totaled 20.92 mln leva in the first six months of 2008, compared to 18.86 mln leva for the year-ago period.

The balance-sheet value of the assets of the company came to 61.88 mln leva as at the end of June 2008, compared to 62.74 mln leva as at the end of December 2007.

Plovdiv-Yuri Gagarin BT's non-current liabilities declined from 6.25 mln leva as at the end of December 2007, to 6 mln leva as at the end of June 2008. The current liabilities went up from 8.76 mln leva to 9.61 mln leva in the period.

The company obtained 1.53 mln leva short-term investment loan from First Investment Bank (FIBank) in the first half of the year. The funding will be used for the purchasing of new equipment. The loan matures on August 26, 2008. The long-term liabilities of the company went down from 4.31 mln leva as at the end of 2007 to 3.64 mln leva as at the end of June.

The issued capital of the company totaled 1.004 mln leva as at the end of June, while the equity capital stood at 46.27 mln leva compared to 47.73 mln leva as at the end of 2007.

Plovdiv-Yuri Gagarin BT's stock depreciated by 4.84% today. The average price of the shares settled at 59 leva apiece.