Monbat Posts 10 Million Leva Profit In Q1
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Monbat Jsc's sales totaled 16.017 mln leva (8.18 mln euros) in March 2008, which is 81.92% up from March 2007, the company states in its financial report.
Q1 revenues rose 114.5% y/y to 55.393 mln leva (28 mln euros).
The company's profit in March this year came to 2.65 mln leva (1.35 mln euros), which is a hike of 145.59% compared with March 2007.
Q1 profit stands at 10.065 mln leva (5.14 mln euros), which is 205.74% higher than in 2007.
The company has a scheduled general meeting of shareholders today, which is to vote a proposal for dividend distribution and a capital increase from 19.5 mln leva (9.9 mln euros) to 39 mln leva ( 19.9 mln euros) using own funds.
2,104 shares changed hands on the position today at prices between 24.75 and 25.10 leva.
Q1 revenues rose 114.5% y/y to 55.393 mln leva (28 mln euros).
The company's profit in March this year came to 2.65 mln leva (1.35 mln euros), which is a hike of 145.59% compared with March 2007.
Q1 profit stands at 10.065 mln leva (5.14 mln euros), which is 205.74% higher than in 2007.
The company has a scheduled general meeting of shareholders today, which is to vote a proposal for dividend distribution and a capital increase from 19.5 mln leva (9.9 mln euros) to 39 mln leva ( 19.9 mln euros) using own funds.
2,104 shares changed hands on the position today at prices between 24.75 and 25.10 leva.