The Consolidated Profit of Favorit Hold for the First Six Months of the Year is Decreasing

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Favorit Hold “ AD has net consolidated profit for the first six months of 2007 in size of 357 000 leva or 0.15 leva/ share, became clear from the account of the assosiation which was gived to BFB-Sofia. A year earlier the assosiation announced a positive financial result from 940 000 leva or 0.40 leva/ share.

The net incomes from the sellings of the company are 20.779 mln leva, towards 24.938 for the past period, when it can be watched a decrease with the incomes from the sellings of the production, stocks and favours, the incomes of the column „other“ is recording a growth. The financial incomes are 1.285 mln leva, or with 10.45% lower than the first six months of 2006.

The guidance of the assosiation decrease the common expenses to 21.51 mln leva, towards 25.096 mln leva a year earlier.

In the end of June 2007 the assets of „Favorit Hold “ are 73.232 mln leva against 69.446 mln leva in the end of the first six months of 2006, while the present liabilities are in value of 17.576 leva.

The main capital of the assosiation is 2.357 mln leva, and the private is 23.089 mln leva. Today on the possition were concluded 12 deals for totaly 352 shares on levels of 12.80 for one share.

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