Half Year financial report
CORRECTION: A/S Latvijas balzams unaudited condensed financial statements
The management report in Latvian is supplemented with technically missing information, but it does not affect previously published financial results.
The unaudited net turnover of the Company for the first half of 2019 reached EUR 33.9 million, 4.8% up against first half of 2018, due to higher orders and sales volumes from key customers and markets. The unaudited profit has reached EUR 3.23 million, which is 11% more than in first half of 2018 as the result of increased volumes. During the reporting period, the Company paid taxes of EUR 37.7 million to the state budget, including excise duty amounting to EUR.