HD Patishta reports a non-consolidated profit in the amount of 413 000 leva for the first quarter of the year, the company’s statement filed with the BSE reveals.

Last year the holding posted a 537 000 leva loss for the same period.

The company’s revenues rose more than two and a half times to 4.29 mln leva in comparison to 1.62 mln leva the year before, the statement also announces. This increase is due to the increase in revenues from sales of goods and services.

A significant increase is reported in revenues from interests which grew to 626 000 leva in the first quarter of the year compared to just 1000 leva for the first quarter of last year.

The company’s operating costs, however, also grew more than twice-fold to 4.54 mln leva against 2.16 mln leva a year befre.

This increase was also due to the rise in core activities costs as well as on interest costs which grew to 729 000 leva compared to the lack of such last year.

The holding owns 17 companies in 15 of which it controls the full amount of the capital. HD Patishta owns no shares in associated or minority companies.

10 shares of the company changed hands today at an average of 7 960.90 leva/share registering a 2.7% drop.

During the past year the company’s stock rose by nearly 540%, according to data from BSE.