Bosnian Sanitary Paper Producer SHP Celex 9-Mo Net Profit Rises 69% - Table

Following are details from SHP Celex’s nine-month financial statement, filed to the Banja Luka Stock Exchange (BLSE), where the company is listed (in Bosnian marka):

SHP Celex’s operating assets totalled 65.62 million marka at the end of September, up from 59.88 million marka nine months earlier.

The company's stock was traded at an average price of 1.21 marka as of 0731 GMT on Monday, unchanged from the previous trading on April 17, BLSE data showed.

SHP Celex is based in Banja Luka, in the Serb Republic, which together with the Muslim-Croat Federation forms war-divided Bosnia.

Slovakia's SHP Group bought a 65% stake in Celex from the state in an international tender in 2001. It currently controls 79.39% of the company, while the rest is held by the Serb Republic’s state pension and restitution funds and private investment funds, firms and individuals.

Celex produces toilet paper and napkins and exports 80% of its output to western Europe, Poland, Slovakia, the Czech Republic, Hungary, Romania, Greece, Serbia and Montenegro. Its market share in Bosnia is 23%. The company employs 386.

(1 euro = 1.95583 Bosnian marka)