Brivais vilnis
JSC ‘Brivais vilnis’ 9 month unaudited financial statement Y2014
DGAP-News: Brivais vilnis 28.11.2014 / 07:49 --------------------------------------------------------------------- Salacgriva, Latvia, 2014-11-28 07:49 CET (GLOBE NEWSWIRE) -- MANAGEMENT REPORT November 28, 2014 The types of activities performed by the JSC 'Brivais vilnis' are processing and canning of fish and fish products, wholesale of food products and other commercial activities classified nowhere else. On May 14, 2002 the company was registered in the Common commercial register of the Republic of Latvia. Year 2014 is the 23rd year of operation since the Company was transformed into a Joint Stock Company. In 9 months of 2014 the Company produced a total of 16.2 million cans of various types (150) of fish products, including 6.7 million cans of sprats. In 9 months of 2014 there were sold 15.5 million cans for EUR 8.9 million. The financial result of 9 months of 2014 is profit of EUR 313 703. This profit is from economic activities of the Company. Net turnover for 9 months of 2014 is EUR 8 934 thousand. Result for 9 months of 2014: Gross profit (EUR) 1 155 thousand Gross profit (%) 12.9 Operating results of the JSC 'Brivais vilnis' compared to the previous year are less successful, as the Russian ruble depreciation has had some influence on them. The Company's goal is to continue transformation in accordance with the EU and third countries quality requirements. We have started renovation of canned fish sterilization area that will increase production capacity and assortment. The JSC 'Brivais vilnis' will continue cooperation with the 'NASDAQ OMX Riga' JSC and remain listed in Baltic Secondary list of stock exchange in 2014. The Company continues work on adoption of new markets in Western Europe and other world in 2014. The Company continues development of new products and new packaging and works on improvement of quality of the current assortment also in this year. Arnolds Babris Chairman of the Board News Source: NASDAQ OMX --------------------------------------------------------------------- 28.11.2014 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: Brivais vilnis Latvia ISIN: LV0000100824 End of News DGAP News-Service --------------------------------------------------------------------- 300423 28.11.2014
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