Sopharma Trading Posts 2.46 Mln Leva Profit in H1

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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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