Gamakabel AD-Smolyan posted a net non-consolidated profit of 510,000 leva in the first quarter of 2006 down from 839,000 leva a year ago.

Net revenues in the period increased 25.45% to 10.904 mln leva. Economic elements costs were up to 10.221 mln leva from 7.584 mln leva in the first quarter of 2006.

In the end of March 2007 Gamakabel had assets worth 24.399 mln leva versus 22.302 mln leva, while cash and bank deposits decreased by 1.779 mln leva to 235,000 leva.

The company has a core capital of 1.2 mln leva and its own capital is in the amount of 10.484 mln leva. Tradespot Investment controls 48.04% of its capital, Marengo Trading Ltd. has 43.4%.

The company’s stock was last traded on 26 April at 22.00 leva/share.