Stara Planina Hold posted a profit in the amount of 1.588 mln leva (0.85 leva per share ) for the yaer's first quarter compared with 588,000 a year ago (0.336 leva per share), shows the company's 1Q report.

Net sales revenues are up 28.9% to 22.39 mln leva against 17.37 mln leva. In the period financial revenues amounted to 591,000 leva, most of which came when the company sold its stake in the holding Haydushka Polyana Ltd.

The company's costs on ecomomic elements grew 25% to 21 mln leva against 16.8 mln leva a year ago. Financial expenditures are up slightly form 177,000 leva to 185,000 leva.

Stara Planina Hold has a core capital in the amount of 1.75 mln leva and its shared capital stands at 38.53 mln leva according to 1Q data.

The companies total liabilities stand at 18.8 mln leva and its debt is at 12.24 mln leva. Operating funds and equivalents towards March 31 are 2.67 mln leva.

The company's subsidiaries Elhim Iskra AD, SPH Trans Ltd, Hydraulic Elements and Systems AD, Fazan AD and Slavyana Adare included in the consolidated report.

340 shares of Stara Planina Hold changed hands during yesterday's tradaing session at an average of 48.09 leva and the company's market capitalization reached 84 mln leva.

During the past 12 months the price of the stock of Stara Planina Hold has increased three-fold.