November 29 (SeeNews) - Bulgarian holding company TK Hold on Thursday posted a consolidated net profit of 4.7 million levs ($3.6 million/2.4 million euro) for the first nine months of 2007, eight times higher than a year ago, as total revenue rose by 54%.
Shares in TK Hold surged by 33.25% to 7.46 levs at 0907 GMT after it released its nine-month consolidated results. The company is a component of the broader BG40 index of the Bulgarian Stock Exchange (BSE).
Following are figures from TK Hold's consolidated income statement filed with the BSE where the company is listed (in millions of levs):
|
|
9-mo'07 |
9-mo'06 |
2006 (audited) |
| NET PROFIT AFTER MINORITY INTERESTS |
4.709 |
0.585 |
2.657 |
| AFTER-TAX PROFIT |
8.012 |
1.058 |
3.374 |
| PRE-TAX PROFIT |
8.122 |
1.115 |
4.181 |
| SALES REVENUE |
28.609 |
19.251 |
32.743 |
| TOTAL REVENUE |
30.925 |
20.055 |
35.296 |
| TOTAL COSTS |
22.803 |
18.940 |
31.115 |
TK Hold is a diversified holding company, which holds stakes in firms operating in the chemical, meat processing and furniture industry, as well as in trade.
(1 euro=1.95583 Bulgarian levs)