"Jaffa" expects incomes worth 996m RSD in first six months of year 2008

Biscuit factory "Jaffa" from Crvenka has announced today (June 3, 2008) that it expects to sell 5,136 tons of confectioneries in the first six months of year 2008 and realize incomes worth 996m RSD.

According to the six-month business plan, published on the web site of the Belgrade Stock Exchange (www.belex.co.yu), "Jaffa" intends to produce total of 5,035 tons of biscuits and other confectioneries.

The Biscuit factory from Crvenka registered profit worth 120.6m RSD in 2007, while total sales incomes amounted to 1.6 billion RSD.

The price of stock of "Jaffa" on June 2nd amounted to 33,499 RSD, while the value of single stock on the basis of the value of capital worth 3 billion RSD in 2007 is 25,829 RSD. The profit per stock amounted to 1,028.33 RSD.

Current market value of "Jaffa" is 3.9 billion RSD.

According to the data provided by the Central Securities Registry, the majority owner of "Jaffa" with 79.6% of stocks, is Cypriot company Kappa star limited.