August 29 (SeeNews) - Bulgarian investment company Holding Varna on Friday said its first-half consolidated net profit jumped nearly four times to 2.4 million levs ($1.8 million/1.2 million euro) as revenue more than doubled.
Company officials were not immediately available to comment on the results.
Following are figures from Holding Varna's preliminary consolidated income statement, filed with the Bulgarian Stock Exchange (BSE), (in millions of levs):
|
H1'08 |
H1'07 |
2007 (audited) |
NET PROFIT |
2.395 |
0.674 |
5.576 |
PRE-TAX PROFIT |
3.122 |
0.7 |
5.666 |
OPERATING REVENUE |
5.238 |
2.399 |
9.211 |
TOTAL COSTS |
2.116 |
1.699 |
3.545 |
The holding company controls four subsidiaries that are active in electric heaters production, tourism, machine building and textile production.
No company stocks changed hands on Friday. Shares in the company, part of the broad BG 40 index of the BSE, closed 1.5% lower at 21.33 levs on Thursday. The financial statement was released after the close of bourse trading.
(1 euro = 1.95583 Bulgarian levs)