Current financial results and prognoses: May – June 2010
23.06.2010
Stara Planina Hold Plc announces its current inconclusive financial results (on consolidated basis) and the financial results of the most significant enterprises from the portfolio of the holding for May 2010 and projected sales for June 2010. Letter
Aggregated financial data suggest that the results reflect the published expectations. Consolidated sales for the first five month are 41.36% higher compared to the same period of 2009.
The forecast suggests an increase in consolidated sales for the first half-year by 42.65% over the first half of 2009.
On 29 April 2010 Stara Planina Hold bought 26.79% of the capital of Patstroyengineering JSC, town of Kardzhali. With this purchase Stara Planina Hold increase its shareholding in the capital of the company to 53.6%. Stara Planina Hold includes in the consolidation Patstroyengineering results from May 2010.
Aggregated financial data suggest that the results reflect the published expectations. Consolidated sales for the first five month are 41.36% higher compared to the same period of 2009.
The forecast suggests an increase in consolidated sales for the first half-year by 42.65% over the first half of 2009.
On 29 April 2010 Stara Planina Hold bought 26.79% of the capital of Patstroyengineering JSC, town of Kardzhali. With this purchase Stara Planina Hold increase its shareholding in the capital of the company to 53.6%. Stara Planina Hold includes in the consolidation Patstroyengineering results from May 2010.
© 2006 SPHolding
