Elprom ZEM Profit Down To 64 000 Leva

Elprom ZEM AD – Sofia announced net non–consolidated profit of 64 000 leva for the first quarter of the year against a profit of 223 000 leva for the same period last year.

Net revenues are down 14.78 per cent during the first three months of the year to 1.084 mln leva. A decrease was posted in both production sales revenues as well as in services revenues.
Company’s expenditures are 1.02 mln leva, down by 29 000 for the period concerned.

In the end of March 2007, Elprom ZEM’s assets amount to 16.356 mln leva against 15.283 mln leva for the previous year. Towards the end of the period concerned the company’s personnel is of 208 people and operating funds amount to 441 000 leva or 156 000 leva less than in the beginning of the period.

ZMM Bulgaria Holding controls 79.75 per cent of Elprom ZEM’s capital.

81 of the company’s shares changed hands yesterday at levels ranging between 21.50 and 21.56 leva/share.

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