Net sales revenues surged 22.54% over the period to 17.575 mln leva (8.985 mln euros). Financial revenues, on the other hand amounted to 531,000 leva (271,495 euros), against 4.084 mln leva (2.088 mln euros) a year ago.
Total costs were reduced 8.52% in 1H to 14.181 mln leva (7.250 mln euros), which is mainly due to smaller negative differences in terms of foreign exchange rates, external services and materials.
As of June 20 the company's assets stand at 49.809 mln leva (25.466 mln euros), compared with 54.853 mln leva (28.045 mln euros) last year. Odessos Ship Repair Yard owns a total of 16.093 mln leva (8.228 mln euros) as operating funds and deposits, which is by 3.764 mln leva less than a year ago.
The company approved the pay out of 12.50 leva gross dividend per share (11.625 leva net dividend). Shareholders will also vote the purchase of a floating dock worth 22.5 mln dollars at their forthcoming general meeting.
The company has a core capital in the amount of 587,000 leva (300,128 euros), and equity capital at 46.219 mln leva (23,621 mln euros). KRZ Invest controls 43.4% of the capital.