Bulgarian Holding Company posted a 1.117 mln leva non-consolidated profit for the first quarter of 2007 versus a profit of 205,000 leva a year ago, the company’s report filed to BSE-Sofia shows.
Total operating revenues amounted to 1.49 mln. leva in the quarter, ended 31 March, compared to 350,000 leva in the first quarter of 2006. A little over 74% of the revenues came from positive results from financial assets and instruments operations.
Total costs shrank 6.82% to 369,000 leva chiefly due to lower negative exchange rate fluctuations.
Bulgarian Holding Company has a core capital of 6.584 mln leva and own capital of 36.904 leva as of 31 March.
The holding holds investments in 36 companies - 8 subsidiaries, 3 associates and 25 other enterprises.