Sparky Jsc ends Q1 with profit in the amount of 1.71 mln leva, compared to a loss of 130,000 leva for the corresponding period a year ago, the company's non-consolidated report states.

Q1 revenues stood at 12.3 mln leva (6.28 mln euros), versus a little less than 10 mln leva a year ago, which is a hike of 24% y/y. Net sales revenues amount to 12.3 mln leva (11.6 mln leva from production sales), versus 9.9 mln leva (9.25 mln leva form product sales) in Q1 last year.

Costs are slightly up, by less than 1%, from 10.03 mln leva to 10.59 mln leva. Costs on economic elements account for 10.23 mln leva of the total costs, against 9.72 mln leva a year ago.

Assets rose 2.7% y/y to 54.14 mln leva (27.6 mln euros). Fixed assets are estimated at 24.81 mln leva and current assets at 29.34 mln leva. Both figures are higher than those reported in Q1 2007.

Long-term liabilities are slightly doen, from 17.43 mln leva to 17.35 mln leva, while current liabilities dropped from 6.66 mln leva in March 2007 to 6.43 mln leva as at the end of March 2008.

The company's subscribed capital stands at 3 mln leva (1.53 mln euros) and equity capital reaches 30.37 mln leva (15.5 mln euros), up from 28.66 mln leva a year ago.

There have been no transactions with the stock so far this morning on BSE. Bids are between 28.71 and 41.01 leva and asks range from 44.59 to 50 leva a piece.