Synergon Holding Reports Jan – Sept Consolidated Profit At 7.7 Mln Leva

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The consolidated Jan – Sept profit of Synergon Holding stands at 7.658 mln leva (3.915 mln euros), or 0.42 leva per share, according to the report filed with the BSE. A year ago the holding posted Jan – Sept earnings in the amount of 7.997 mln leva, when capital stood at 14.123 mln leva.

However, the previous consolidated report for Jan- Sept stated profit at 8.996 mln leva. We are curious to find out if this is am accounting mistake or something else?

Net sales revenues are reported at 257.084 mln leva (131.444 mln euros), versus 245.797 mln leva (125.674 mln euros) a year ago.

Costs on economic elements rose 6.92% to 245.858 mln leva, and financial costs dropped 40.45% to 3.696 mln leva.

Synergon Holding's assets plunge from 292.8 mln leva to 288 mln leva (147 mln euros). The company has core capital in the amount of 18.359 mln leva (9.386 mln euros), and its in capital is at 226.531 mln leva (115.823 mln euros).

16,938 shares changed hands today at levels between 14.55 and 15 leva.

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