Asenova Krepost Reports 929 000 leva Non-consolidated Loss in 2007 First Quarter

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Asenova Krepost AD reported a non-consolidated loss of 929 000 leva for the first three months of the year, the company’s statement filed with the BSE reveals. Last year the company reported a 17 000 profit for the respective period.

Net sales revenues for the period amount to 5.225 mln leva, which is 48.09% less than a year ago.

Economic elements costs are also down to 5.613 mln leva or 38.72% less than in 2006 and this is largely due to reduced costs on materials.

The comapany’s core capital stands at 1.223 mln leva and its own capital amounts to 15.778 mln leva. Towards end of March the company’s assets stood at 45.14 mln leva, its liabilities – at 18.47 mln leva and receivables were down to 17.2 mln leva from 18.03 mln at the beginning of the period concerned.

The last transactions involving  shares of Asenova KrepostAD were made on May 3 at 38.34 leva/share.

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