The weaker financial result was partly due to lower revenues which went down to 303,000 leva last quarter compared to 680,000 leva in the corresponding period of 2006.
Lower profit was almost completely due to the drop in positive differences from operation with financial assets and instruments, which went down to 152,000 leva in the first quarter from 540,000 leva a year ago.
Costs were also slightly up to 112,000 leva from 104,000 leav in the first quarter of 2006.
The holding has a core capital of 4,27 mln leva and own capital of 9,.505 mln leva.
It holds interests in 25 subsidiaries and 12 associated enterprises.