January 11 (SeeNews) - Poste Srpske [BANJ:POST], the postal service operator of Bosnia’s Serb Republic, said on Wednesday it expects total revenue to come in at 79.9 million marka ($43.8 million/40.9 million euro) in 2023, up by 6% compared with the planned 2022 revenue.
Total costs are seen rising 7% on the year to 79.7 million marka in 2023, Poste Srpske said in a bourse filing.
The company expects to book revenue of 75.5 million marka and costs of 74.2 million marka in 2022. Its revenue came in at 72.2 million marka in 2021, up 8% year-on-year.
Poste Srpske's shareholders approved the 2023 business plan at a meeting held on December 27. The post operator expects to have 2,529 employees at the end of 2023, same as in the end of 2022. The company employed 2,466 people at the end of 2021.
Poste Srpske plans to inject 12.9 million marka in the construction and reconstruction of post office buildings, upgrade of its information technology system and other capital investments in 2023.
Poste Srpske's shares last traded on the Banja Luka Stock Exchange on July 21, closing flat at 0.077 marka. The Serb Republic is one of two autonomous entities forming Bosnia and Herzegovina. The other one is the Federation.
(1 euro = 1.95583 marka)