AS “KURZEMES ATSLEGA 1” Non-audited Financial Report

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News Desk 2018
AS “KURZEMES ATSLEGA 1” Non-audited Financial Report for first 9 months 2016

Kalvenes street 27, Aizpute, LV-3456, Latvia, 2016-11-30 16:07 CET (GLOBE NEWSWIRE) --

JSC ‘’KURZEMES ATLEGA 1’’ produces door locks, ironware, furniture fittings, forged products, production tools etc.

The fixed capital of the JSC “KURZEMES ATSLEGA 1” is 1285401 EUR, net turnover - 1157134 EUR which is down by 15.1% or 205036 EUR in comparison with 9 months of 2015.

The 9 months of the 2016 has finalized with losses in amount of 125458 EUR.

N. Item 30.09.2016. 30.09.2015.
    EUR EUR
1 Net sales 1157134 1362170
2 Cost of sales (1183653) (1283271)
3 Gross profit (26519) 78899
4 Distribution expenses (36077) (30022)
5 Administration expenses (62548) (67383)
6 Other operating income 25714 17523
7 Other operating expenses (21234) (14559)
8 Interest paid and similar expense (733) (1061)
9 Operating profit (121397) (16603)
10 Extraordinary income    
11 Extraordinary  expenses    
12 Profit before taxes (121397) (16603)
13 Corporate income tax    
14 Other taxes (4061) (3902)
15 Net profit for the year (125458) (20505)

Please see the financial report in the attachment.

         Irena Burve          Chief accountant          A/S Kurzemes Atslega-1          Kalvenes street 27          Aizpute, LV-3456          Latvia          Tel.: +371 63448075          Mob.: +371 26422198          E-mail: gramatv@ka1.lv

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