TK Hold Books 386,000 Leva Consolidated Profit in H1
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TK Hold booked 386,000 leva consolidated profit for the first half of 2008, a considerable decline compared to the 1.027 mln leva profit posted for the year-ago period.
The revenue of the company from ordinary activities declined by 19.12% in the first half of 2008 compared to the year-ago period, even though the sales revenue marked a 5.36-percent year on year rise. The total revenue of the company amounted to 14.344 mln leva in the first six months of the year, compared to 16.624 mln leva for the corresponding period of 2007.
The operating costs of the company amounted to 14.137 mln leva in the first six months of 2008, down by 5.79% compared to the year-ago period. TK Hold's material costs and remuneration costs went up by 4.02% and 15.03%, respectively.
TK Hold had extended a total of 9.712 mln leva loans to its subsidiaries as at the June 30, 2008.
TK Hold's issued capital amounts to 4.27 mln leva, while the equity capital of the company totaled 34.9 mln leva. A total of 1,092 shares in the company traded hands today at prices ranging between 5.00 and 5.11 leva apiece.
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