Net earnings of one of the most liquid companies on the Bulgarian Stock Exchange, Industrial Holding Bulgaria, has risen nearly four-fold for the last one year to BGN 931,000 at the end of September 2004, balance sheet data show. A year earlier, the company's profit stood at BGN 239,000. The net sales revenue for the first nine months of the year has increased from BGN 103,000 to BGN 650,000. Dividend revenue has also risen six-fold. Overall, the company's operating revenue has surged 140% to BGN 1.9 million. The good financial results prompted a rise in the holding's stock on Friday. A total of 126,315 shares changed hands (0.6% of capital) at an average of BGN 1.05, up 10.53% on Thursday.