Holding Roads booked 1.516 mln leva consolidated profit for the first half of the year, compared to 4.86 mln leva profit posted for the year-ago period.

The consolidated revenue of the company came to 50.33 mln leva as at the end of June 2008, up by 28.6% year on year.

Holding Roads' material costs rose by over 9 mln leva to 23.6 mln leva as at June 30, 2008. The personnel costs of the company marked a nearly twofold year-on-year increase in the first half of the year.

The financial costs of the company rose from 2.6 mln leva in the first half of 2007 to 1.12 mln leva a year later.

The long-term assets of the holding company stood at 111.4 mln leva as at the end of June 2008, compared to 81.1 mln leva in the beginning of the year.

The banking liabilities of Holding Roads rose from 51 mln leva to over 100 mln leva in the first six months of the year.

The stock of the company appreciated by 0.9% to 17.4 leva per share today.

Holding Roads hiked its capital from 432,000 leva to 30.67 mln leva through the issuing of 30.24 mln new shares. The shareholders of the company received 70 new shares for each existing share.