Kalvenes street 27, Aizpute, LV-3456, Latvia, 2018-05-31 15:48 CEST (GLOBE NEWSWIRE) -- Net turnover has reached 436870 EUR in the 1st quarter of 2018 which is down by 2179 EUR or 0.5% in comparison with the same period of the last year. The first quarter of 2018 has finalized with earnings in amount of 181 EUR.
| Item | 31.03.2018 | 31.03.2017 |
| EUR | EUR | |
| Net sales | 436870 | 439049 |
| Cost of sales | (412095) | (455031) |
| Gross profit | 24775 | (15982) |
| Distribution expenses | (10397) | (15948) |
| Administration expenses | (21432) | (17272) |
| Other operating income | 13777 | 5591 |
| Other operating expenses | (6104) | (9484) |
| Income from participation in subsidiary capital | 619 | (53095) |
| Interest paid and similar expense | (438) | (255) |
| Operating profit | 181 | (53350) |
| Extraordinary income | 0 | 0 |
| Extraordinary expenses | 0 | 0 |
| Profit before taxes | 181 | (53350) |
| Corporate income tax | 0 | 0 |
| Net profit for the year | 181 | (53350) |
The Board
Irena Burve
Chief accountant
A/S Kurzemes Atslega-1
Tel.: +371 63448075
Mob.: +371 26422198
E-mail: gramatv@ka1.lv