Bulgarian Hardboard Maker Fazerles 9-mo Net Profit Almost Flat Y/Y - Table

Following are details from the company's nine-month financial statement filed with the Bulgarian Stock Exchange (BSE):

Fazerles, based in the northeastern town of Silistra, has said that it expects its 2008 net profit to fall by 33.8% to 3.6 million levs due to the instability on foreign markets. The company, which exports 85% to 90% of its output, nearly doubled its net profit to 5.4 million levs last year, exceeding forecasts for a net profit of around 2.0 million levs.

Shares in Fazerles, part of the BG 40 index of the stock exchange in Sofia, were last traded at 66.9 levs at 0957 GMT on Monday, 3.0% lower from the previous close.

(1 euro = 1.95583 Bulgarian levs)