Annual Financial Report
JSC VEF 2019 audited finacial statements
Net turnover of the Company during the reported period has reached EUR 1 190 963.
Despite the 5% decrease of net turnover during the reported period the Company’s Board
has performed cost saving activities and as the result the Company concluded the year
with the audited profit of EUR 122 296. The Company’s Board proposes to leave the reported
annual profit undivided in order to cover losses from previous years.
The Management Board of JSC VEF
Tamara Kampane, Member of Management Board, JSC VEF,