August 28 (SeeNews) - Bulgarian investment company Albena Invest Holding said on Thursday its first-half consolidated net profit fell by 22% to 1.112 million levs ($836,900/568,600 euro) as sales decreased by 23%.
Following are figures from Albena Invest Holding’s consolidated income statement filed with the Bulgarian Stock Exchange's (BSE) information service X3 News (in million levs):
|
H1'08 |
H1'07 |
2007 (audited) |
NET PROFIT |
1.112 |
1.427 |
10.423 |
PRE-TAX PROFIT |
1.231 |
1.440 |
10.423 |
SALES REVENUE |
6.086 |
7.945 |
14.401 |
TOTAL REVENUE |
7.136 |
9.000 |
25.917 |
TOTAL COSTS |
5.905 |
7.560 |
15.188 |
Albena Invest Holding more than doubled its 2007 net profit to 10.423 million levs.
Albena Invest Holding, a former privatisation fund, was listed on the BSE in 1998. The bigger part of its investment portfolio is concentrated in the tourism industry, which generates more than 10% of Bulgaria's gross domestic product.
Shares in the company, part of the broad BG 40 index of the BSE, were last traded at 9.1 levs at 0749 GMT on Thursday, up 0.2% from the previous close. The income statement was released during bourse trading.
(1 euro = 1.95583 Bulgarian levs)