Industrial Holding Bulgaria's (

) non-consolidated profit for 2007 stands at 3.838 mln leva (1.962 mln euros), versus 1.858 mln leva (approx. 949,980 euros) a year ago.

Revenues from dividends amounted to 3.907 mln leva, which includes 427,000 leva from Maritime Holding, 3.411 mln leva from ZMM Bulgaria Holding and 69,000 from Bulgartabak Hoding.

The majority of revenues (203,000 leva) came from interest payments.

Profit from sales of shares came to 250,000 leva. Last year the company sold 38,555 shares of Bulgartabak Holding at 41.77 leva each.

The holding's total costs grew by 103,000 leva to 1.398 mln.

IH Bulgaria's capital is allocated in 43,756,118 paperless registered voting shares with a face value of 1 lev.

The company increased capital twice during the past year. In June the hike was by 5,250,805 shares after converting corporate bonds into shares, and in December the company issued 17,502,078 new shares with a face value of 1 lev and issue value of 2.40 leva.

Investors subscribed all rights and the capital was raised from 26.254 mln leva (13.423 mln euros) to 43.756 mln leva (22.372 mln euros). The company also accumulated a premium reserve of 25.503 mln leva (13.039 mln euros).

Main shareholders are Venside Enterprises, holding 30.79% of the capital, BULLS Jsc with 12.55%, Chimimport with 9.17% and DZH Jsc with 5.58%.

Shares issued in the capital increase were floated on BSE today. The stock has so far lost 2.15% to 7.75 leva