M+S Hydraulic AD- Kazanlak announced a net non-consolidated profit of 1.827 mln leva ( 0.14 leva per share) against 1.382 mln leva for the same period last year (0.11 leva per share) the company’s report filed with BSE reveals.

An increase in the production capacity of up to 15 per cent was reported during the period concerned which is the result of an increase in the orders the company received.

Net sales revenues for the first three months of the year amount to 18.825 mln leva which is 28.69 per cent more than the same last year.

Total expenditures of the company grew 29.58 per cent in the period to 16.576 leva against 12.792 mln leva for the first quarter of 2006.

The company’s assets are in the amount of 52.55 mln leva or 12.79 per cent more than last year. M+S Hydraulic’s core capital is 13.018 mln leva and its total equities towards the end of the period concerned amount to 31.357 mln leva.

Stara Planina Hold owns 30.91 per cent of the company’s capital while M+S 97 and Industrial Capital Holding have 24.10 and 22.37 respectively.

2980 shares of the company were traded today at levels ranging between 8.10 and 8.32 leva/share.