M+S Hydraulic Kazanlak (

) starts payment of dividend on 2006 income today.
The company's general meeting held 18 May approved to pay 0.086 leva gross dividend per share, that is 0.7998 leva net dividend.

M+S Hydraulic's profit surged nearly 30% on H1 to 2.94 mln leva (1.503 mln euros), against 2.27 mln leva (1.160 mln euros) a year ago.

Revenues grew 28% to 37.34 mln leva (19.091 mln euros) in H1. Compared with 29.17 mln leva (14.914 mln euros) last year.

The company has a core capital in the amount of 13.018 mln leva (6.655 mln euros) and own capital at 31.31 mln leva (16.008 mln euros). 3088 shares changed hands on the position yesterday at prices between 10.11 and 10.50 leva/share.