Published: 2019-11-29 15:32:45 CET
Latvijas balzams
Interim report (Q1 and Q3)

JSC Latvijas balzams unaudited Financial statements for the first 9 months of 2019

The unaudited net turnover of the Company in the first nine months of 2019 reached EUR 53.1 million, 5.2% up against first nine months of 2018, due to higher orders and sales volumes from key customers and markets. The unaudited profit has reached EUR 5.67 million, which is 8% more than in first nine months of 2018 as the result of increased volumes. The operating profit for the first nine months of 2019 amounts to EUR 4.2 million, which is in line with the first nine months of 2018 result in terms of the profit/turnover ratio: 8.1 % in first nine months of 2018, 7.9 % in first nine months of 2019.

 

Intars Geidans

Chairman of the Management Board

JSC Latvijas balzams


LB 3Q 2019 ENG_final.pdf