Eurolhold Bulgaria’s Non-Consolidated 1Q profit At 2.5 mln Leva

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Eurohold Bulgaria AD has reported a net profit of 2.504 mln leva and revenues in the amount of 39.569 mln leva. The data comes from the company’s non-consolidated financial report.

The financial and automobile sector have the biggest shares in the profit – 1.443 mln and 524 000 leva respectively.

Euroins reported a 677 000 leva net profit for 2007 first quarter. Other companies which announced good results are Euro Lease Auto, reporting 353 000 leva against 106 000 leva a year ago and Euro Finance with 481 000 leva against 67 000 leva for the respective period in 2006.

Revenues in the automobile sector have risen to 17.557 mln leva from 11.673 mln leva reported for last year’s first quarter. This 50 % increase is due to the over 600 automobiles sold by the companies in the automobile portfolio in the period compared to 330 sold during the same period in 2006.

Towards 31 March 2007 Eurohold Bulgaria AD’s assets stand at 203 mln leva and the company’s core capital is in the amount of 67 mln leva.

For the first half of the year the company is expecting to report 95 mln leva in revenues and a net profit in the amount of 6.3 mln leva.

150 of the company’s shares changed hands in today’s early session at 3.27 leva/share.

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