Dubeni, Grobina Parish, Grobina district, 2016-08-05 13:53 CEST (GLOBE NEWSWIRE) -- During the reporting period, the net turnover of € 1,648,395 has decreased by 25% compared with the 1st quarter of 2015, in 2016 three months there were sold 78,367 mink skins at an average price of 21.03 EUR / pcs and 2015 1st quarter were sold 40,969 mink skins at an average price of € 50.19 / pcs, while - three months of 2014 were sold 40,283 mink skins at an average sales price of € 37.54 / pcs. Till the 1st quarter 2016 loss is € 2,163,143, while the 2016 first quarter net loss per share is EUR -4,326 the 1st quarter of 2015 the profit amounted to 497 969 EUR and the 2015th 1st quarter net earnings per share were EUR 0,996.
In order to obtain the financial stability, the joint stock company "Grobiņa" filed an application to court for legal protection proceedings. On 29th of June, 2016 Liepaja court approved the JSC "Grobiņa" legal protection proceedings plan of action as a result of the JSC "Grobiņa" continues economic activities according to the plan.
JSC "Grobina"
Chairman of the Board
Gundars Jaunsleinis
