Consolidated Loss of Albena AD Up 23% to 6.78 Mln Leva

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Albena AD posted a net consolidated loss in the amount of 6.78 mln leva for 1Q which is up 23% from the 5.5 mln leva posted last year, the company's report filed with the BSE reveals.

Total revenues are down 4% to 2.38 mln leva against 2.48 mln leva a year ago. Meanwhile costs increased 15% from 7.68 mln leva to 8.89 mln leva.

The total liabilities of the company stand at 151.3 mln leva and towards the end of the period its operating funds and equivalents amount to 2.43 mln leva.

Albena AD has a core capital of 4.27 mln leva and towards March 31 its shared capital stands at 271.23 mln leva.

Main shreholders in the company are Albena 2000 and Albena Invest Holding controlling 48.1% and 20.58% of the company's capital respectively and the Municipality of Balchik owns 7.13%.

A total of 2 814 of the company' shares have changed hands so far today at an average of 106.52 leva/share. The market capitalization of the company is 455.17 mln leva.

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