JSC "Grobiņa" 2015 1st quarter financial report


Dubeņi, Latvia, 2015-05-29 15:03 CEST (GLOBE NEWSWIRE) -- In the first quarter of 2015 enterprise Company has worked with neto turnover of EUR 2,071,183, which is 36% more than in the first quarter of 2014, because in 1 year 2015 in 3 months were sold 40’969 mink skins for the average price of the skin 50.19 EUR / pcs, whereas in year 2014 in 3 months were sold 40’283 mink skins for the average price of the skin 37.54 EUR / pcs.Thus, profit for the first quarter of 2015 is 497 969 EUR for the first quarter and neto earning per share for the first quarter of 2015 is  EUR 0,996, when in 2014 the same period net profit per share was 0.358 EUR. All this confirms that this season the fur market has recovered and the sales prices returned to range what was in 2011-2013 years selling season, which proving the previously expressed view by JSC "Grobiņa" management, that the fur sales price decline is temporary.

 

The JSC "Grobiņa"

Chairman of the Board                G. Jaunsleinis


Attachments

Grobina_2015_gada_1_cet_parskats__ENG_.pdf