Talsu mežrupnieciba
JSC Talsu mezrupnieciba Financial Report of the year 2014 (audited)
DGAP-News: Talsu mežrupnieciba 2015-03-17 / 16:12 --------------------------------------------------------------------- In 2014 the net turnover was MEUR 2.5, it is about 35% higher than in the previous year, while gross profit increased 3.9 times per produced m3 or 0.15 MEUR. The main activities of the JSC Talsu mezrupnieciba in 2014 were logging and production of timber products: peeled and turn poles production in timber processing unit. In 2014 the net turnover was EUR 2,547,679 it is about 35% higher than in the previous year was , while gross profit increased 3.9 times per produced m3. 2014 2013 Note EUR EUR Revenues 2 2 547 679 1 886 359 Cost of goods sold 3 (2 305 059) (1 790 441) Gross result 242 620 95 918 Administration expenses 4 (65 859) (56 198) Other operating income 5 18 546 11 394 Other operating expenses 6 (11 537) (10 223) Fiancial income 7 1 019 Financial expenses 8 (4 500) (6 749) Profit (loss) before taxes 180 289 34 142 Deferred corporate income tax 9; 18 (27 198) (36) Other taxes 17 (1 243) (1 588) Net profit (loss) 151 848 32 518 The financial position in 2014 significantly affected product buyers from England, the demand compared with 2013 increased by 47.2%. During 12 month of the year 15066 m3 poles were produced in the timber processing unit and woodchips of 34563 m3 were sold. Total revenues for the Company during 12 month of year 2014 were EUR 2547679. Revenues from sale of fixed assets EUR 18 000. The result for 12 month of the year 2014 is profits EUR 151 848, which corresponds to EUR 0.3063 profits per share. Please find attached Declaration on the responsibility of Management, Corporate Governance Report for year 2014 and JSC Talsu mezrupnieciba Financial Report of 12 months 2014 (audited). Chairman of the Board JSC Talsu mezrupnieciba Gatis Staks Mob.ph. +37126538894 e-mail: gatis@tmr.lv News Source: NASDAQ OMX --------------------------------------------------------------------- 2015-03-17 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: Talsu mežrupnieciba Latvia ISIN: LV0000100139 End of News DGAP News-Service --------------------------------------------------------------------- 334179 2015-03-17
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