Dubeni, Grobiņa parish, Grobiņa district, 2016-02-26 15:08 CET (GLOBE NEWSWIRE) -- In 2015 company has worked with neto turnover of EUR 6 220 362, wich is 116%, compared with year 2014. In year 2015 in 12 months were sold 113 521 mink skins at an average price 40,18 Eur/pcs. In 2014, were produced 94 849 mink skins at an average price 28,39 Eur/pcs.Proceedings in 2015 is 1 223 693 EUR, what ensured successful cempletion of restructuring process with JSC “Citadele banka”, covering to bank in last seasons accumulated debts. In 2015 neto proceeding per share was 2,447 EUR, when in 2014, neto loss per share was 3,315 EUR.
Although the fur market in 2015 showed a positive trend, what is evidenced by the JSC "Grobiņa" product prices increase of 41.5% ,compared to the previous industry crisis year , but the price still did not reached the expected level , and was 26% behind of the average prices which were in industry pre-crisis years (2012, 2013 average JSC "Grobina" product sales price was EUR 54.70 for mink).
Thanks to investments made in previous years, also in 2015 the company has increased its production by 15% over the previous year, because in 2015/2016 season will be produced ~ 130,000 high-quality mink skins, most of which will be implemented in March 2016 auction .
JSC “Grobiņa”
Chairman of the Board G. Jaunsleinis
