Stroyinvest Holding Turns to Profit

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Stroyinvest Holding posted a net profit of 18,000 leva in the first quarter of 2007 versus a loss of 26,000 a year ago, the company’s financial report filed in BSE-Sofia shows.

Revenues for the period amounted to 59,000 leva compared to 31,000 leva in the corresponding three months of 2006. Positive differences from operations with financial assets and instruments accounted for 76% of revenues (45,000 leva), while revenues from services and interests were respectively 9,000 and 5,000 leva.

Total costs stood at 41,000 leva in the first quarter compared to 57,000 leva a year ago.

Stroyinvest Holding has a core capital of 375,000 leva and own capital of 1.025 mln leva.

As of 31 march 2006 the company’s receivables amounted to 222,000 leva, while its debts totaled 55,000 leva.

Stroyinvest Holding’s stock was last traded on 16 April at 5.20 leva/share.

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