August 20 (SeeNews) - Bulgarian industrial group Doverie United Holding said on Wednesday its consolidated net profit for the first half of the year surged 71% to 3.9 million levs ($2.9 million/2.0 million euro), while sales grew by 19.5%.
Following are figures from Doverie United Holding's consolidated income statement sent to the Bulgarian Stock Exchange's information service X3 News:
|
H1'08 |
H1'07 |
2007 (audited) |
NET PROFIT |
3.931 |
2.295 |
16.763 |
PRE-TAX PROFIT |
4.905 |
2.544 |
18.636 |
SALES REVENUE |
95.908 |
80.245 |
180.157 |
TOTAL REVENUE |
98.232 |
83.817 |
200.157 |
TOTAL COSTS |
93.327 |
81.273 |
181.521 |
Doverie’s 2007 consolidated net profit rose seven times to 16.8 million levs.
The holding company has stakes in about 50 companies in the textile, food, construction, health care, pharmaceutical and tourism industries in Bulgaria. Earlier this year, Doverie sold its minority stakes in four firms as part of a portfolio restructuring in order to keep stakes in companies which it controls.
Shares in the company, part of the broad BG 40 index, closed 1.47% lower at 6.6 levs in a high volume on Wednesday. The holding company filed its income statement after the end of bourse trading.
(1 euro = 1.95583 Bulgarian levs)