Rīgas elektromašīnbūves rūpnīca
Annual Financial Report
JSC "Riga electric machinery factory" financial report for the year 2018 (audited)
Company's net sales reached EUR 46.13 million, which is EUR 17.28 million or 59.90% higher than in the previous year.
Gross profit in 2018 amounted to EUR 7.6 million, which is EUR 3.08 million or 68.14% higher compared to 2017, while net profit was EUR 3.87 million, which is EUR 2.41 million higher compared to 2017.