Sopharma Trading Posts 2.46 Mln Leva Profit in H1

Sopharma Trading () booked 2.46 mln leva profit for the first half of 2008, compared to 406,000 leva profit posted for the year-ago period, the financial report of the company shows.

The operating revenue of the company totaled 158.66 mln leva as at June 30, 2008, up by 27.5% year on year. Sopharma Trading's net sales revenue stood at 158.46 mln leva in the first six months of 2008, compared to 124.33 mln leva for the year-ago period.

The operating costs of the company stood at 155.94 mln leva as at the end of June 2008, up by 25.7% on an annual basis. The balanced sheet value of the sold assets of the company stood at 146.98 mln leva as at June 30, 2008, compared to 117.58 mln leva a year earlier.

Sopharma Trading occupied a top 23-percent market share as at the end of June, up by 4.9 percentage points year on year.

Sopharma is a major shareholder in the Sopharma Trading with 92.71-percent stake of the capital.

Sopharma Trading's stock was last traded on BSE on July 23, when a total of 5,000 shares in the company changed hands at an average price of 4.4 leva per share.

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