Transstroy-Burgas AD posted a pretax profit of 378,000 leva or 4.30 leva/share in the first quarter of 2007 versus a loss of 151,000 leva a year ago, the company’s financial report, published on BSE-Sofia’s website, shows.

Net sales revenues in the period totaled 1.007 mln leva compared to 1.216 mln leva a year ago, while financial revenues reached 24,000 leva from 15,000 leva in the same quarter last year.

Economic elements costs dropped more than two times to 606,000 leva, while financial revenues increased from 35,000 leva to 50,000 leva.

In April Transstroy-Burgas singed an agreement for building and repair works in the restructuring and repair of the existing building to be used as bus station in the 65 quarter in Tzarevo.

According to information published on the website of the Public Procurements Agency, the contract is valued at 838,000 leva (VAT included).

Transstroy-Burgas has a core capital of 88,000 leav. Transstroy 2000 AD controls 59.84% of its capital, while Nedor AG and Maeda Corporation control 25% and 10.69% respectively.

2 shares on this position changed hands today at 600 leva/share up 4.99% from the previous period.