Chimimport Jsc posted consolidated H1 profit in the amount of 65.2 mln leva (33.3 mln euros) which translates into 0.43 leva/share. Last year H1 profit stood at 60.36 mln leva (30.8 mln euros).

Revenues from the non-financial activities came to 307.8 mln leva (157.3 mln euros). Revenues from insurance stand at 86 mln leva (nearly 50 mln euros) and from interest at 40.36 mln leva (20.6 mln euros).

Operations with financial instruments brought 86.86 mln leva (44.4 mln euros). Administrative costs reach 49.29 mln leva (25.2 mln euros).

At the end of the period assets stand at 2.98 billion leva (1.5 bln euros), total liabilities are at 2.05 billion leva.

The company's core capital is at 693.731 mln leva (354.6 mln euros) and equity capital totals 150 mln leva (76.6 mln euros).

Main shareholder is Chimimport Invest Jsc (76.41%). Julius Investment Management lcc, USA, has 7.52%.

On 18 August 2008 Chimimport announced that the supervisory board has priced and successfully placed an issue of convertible bonds worth 65 mln euros.

Chimimport Jsc borrows the funds from the bonds issue to finance its expansion, to make strategic acquisitions etc.

The bonds will be guaranteed by 11.6 mln existing common shares in Chimimport, owned by the majority shareholder Chimimport Invest Jsc, which will be blocked for the purpose.

Th elast transaction on the position was at 8.15 leva/share.