Nikotiana BT Holding 1Q Profit At 408 000 Leva

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Nikotiana BT Holding posted a consolidated 1Q profit in the amount of 408 000 leva in comparison with a negative result of 368 000 leva reported for the respective period last year.

Net sales revenues in the period amount to 1.906 mln leva against 409 000 leva in 2006 1Q. For the same period the company has received 299 000 leva in revenues from financing of which 60 000 come from the government.

Total expenditures in the period stand at 1.894 mln leva or almost double the figures posted a year ago.

Towards end of March the company's assets reached 16.536 mln leva which is up from 14.718 mln leva at the beginning of the year.

Nikotiana has a core capital of 1.8 mln leva and shared capital in the amount of 3.779 mln leva. Main shreholder in the company is Ledra Holdings – British Virgin Islands controlling 65.983% of its capital.

50 of the company's shares changed hands during yesterday's trade session at 0.80 leva/share.

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