Kremikovtzi Files 1Q Report, Trade With The Stock Resumes Tomorrow

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The 1Q report of Kremikovtzi AD was poted on BSE's website today. A temporary ban was imposed on trade with the compan y's stock, which will be lifted after the it sfiled the the report BSE requires from all issuers. Trade with the shares will be resumed tomorrow July 17.

The company posted a loss in the amount of 23.846 mln leva (12.192 mln euros). Kremikovtzi reported a loss in the amount of 280.792 mln leva (143.566 mln euros) for 2006, when no1Q report was submitted.

Net sales revenues in this 1Q stand at 232.585 mln leva (118.918 mln euros), and financial revenues amount to 33.692 ml leva (148.377 17.226 mln euros).

Costs stand at 290.123 mln leva (148.337 mln euros) for the period, of which 228.231 mln leva (116.692 mln euros) are costs on iconomic elements and 61.892 mln leva (31.644 mln euros) – financial costs.

Kremikovtzi has a core capital in the amount of 13.147 mln leva (6.722 mln euros), its equity capital is at 937.541 mln leva (479.357 mln euros). The last time the company's shares were transacted on the BSE was on April 25, at levels between 13.41 leva and 13.50 leva.

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