Chimimport Books 16.15 Mln Leva Non-consolidated Profit in Q1

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Chimimport Books 16.15 Mln Leva Non-consolidated Profit in Q1

Chimimport () booked 16.15 mln leva (8.25 mln euros) non-consolidated profit as at March 31, 2008, up 46% year on year, the non-consolidated report of the company for the first quarter of the year shows.

The operating revenue of the company amounted to 20.06 mln leva (10.25 mln euros) in the first three months of the year, compared to 19.77 mln leva revenue raked in for the year ago period. Chimimport's financial revenue totaled 19.44 mln leva. The revenue from positive differences from the operation with financial assets and instruments amounted to 12.72 mln leva, while the revenue from interest stood at 3.65 mln leva.

The balance sheet value of Chimimport's assets rose by nearly 22 mln leva to 799.6 mln leva (408.8 mln euros) as at March 31, 2008. The non-current assets of the company increased from 497.55 mln leva to 559.43 mln leva, while the current assets declined from 280.43 mln leva to 240.17 mln leva.

Chimimport's long-term assets went down from 183.21 mln leva (93.67 mln euros) as at the end of March 2006 to 175.77 mln leva a year later. The current liabilities of the holding company grew by 13 mln leva to 69.8 mln leva (35.68 mln euros) over the period.

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