Katex AD is expecting to achieve a net profit of BGN 181 000 for 2007. This was stated in the company’s annual report published on the BSE-Sofia’s internet site. According to prognosis net revenues will amount to BGN 19.405 million.

The company’s revenues for 2006 are BGN 17.713 million against BGN 22.622 million for 2005. The net profit is BGN 3.04 million towards BGN 465 000 for 2005.

Kotex AD was founded in 1848 and it produced the first manufactured fabric textiles in Bulgaria.

Its production nowadays features 150 products of different composition, structure, weight and
usage. About 90 % of the production is for export. The company exports mainly to Russia, France, Germany, Denmark and Canada.

The company’s shared capital is BGN 2.444 million and its total equity towards the end of 2006 was BGN 62.922 million.

Pritex AD owns 59.30 % of the company’s capital while ZPAD Bulstrad and Doverie UH own 10.00% and 5 % respectively.

During the Friday trading session a total of 76 shares of the company were traded at rates of 29.58 and 29.60 each.