Kalvenes street 27, Aizpute, LV-3456, Latvia, 2017-05-31 15:52 CEST (GLOBE NEWSWIRE) -- Net turnover for the first quarter 2017 was 439049 EUR, which is 84285 EUR or 23.8 % more than in the first quarter of 2016.
The Company concluded the first quarter of 2017 with the loss of 53 350 EUR.
Average number of employees during the 1st quarter is 79.
| N. | Item | 31.03.2017 | 31.03.2016 |
| EUR | EUR | ||
| 1 | Net sales | 439049 | 354764 |
| 2 | Cost of sales | (455031) | (394612) |
| 3 | Gross profit | (15982) | (39848) |
| 4 | Distribution expenses | (15948) | (6629) |
| 5 | Administration expenses | (17272) | (22966) |
| 6 | Other operating income | 5591 | 2832 |
| 7 | Other operating expenses | (9484) | (5683) |
| 8 | Income from participation in subsidiary capital | (53095) | (72294) |
| 9 | Interest paid and similar expense | (255) | (338) |
| 10 | Operating profit | (53350) | (72632) |
| 11 | Extraordinary income | 0 | 0 |
| 12 | Extraordinary expenses | 0 | 0 |
| 13 | Profit before taxes | (53350) | (72632) |
| 14 | Corporate income tax | 0 | 0 |
| 16 | Net profit for the year | (53350) | (72632) |
Loses per stock 31.03.2016 0.08 EUR
Loses per stock 31.03.2017 -0.06 EUR
In the attachment:
Financial information for the period 01.01.2017-31.03.2017
The Board
Irena Burve
Chief accountant
A/S Kurzemes Atslega-1
Kalvenes street 27
Aizpute, LV-3456
Latvia
Tel.: +371 63448075
Mob.: +371 26422198
E-mail: gramatv@ka1.lv
