Six month 2018 operational results of the Group of
Post# of 301275
The January-June 2018 consolidated non-audited sales of the Group of Rokiskio suris AB made kEUR 102,202, i.e. by 16.71 per cent less compared to the same period last year. The half year 2017 consolidated sales made kEUR 122,699.
Six month 2018 consolidated non-audited loss of the group of Rokiskio suris AB amounted to kEUR 3,685. Meanwhile, the consolidated net profit of the Group of Rokiskio suris AB amounted to kEUR 844 in the first half year 2017.
The loss was caused by the main reason – adverse market situation in Italy which is the key market for Rokiskio suris AB. Cheese price dropped due to the increased supply from other EU countries, and it played the main role in the fall of the Company’s earnings. Demand for dairy products in other export markets decreased also, and this was an obstacle to redirect sales immediately.
Attached:
- The Company’s consolidated non-audited interim report and consolidated financial statements for six months ended 30 June 2018.
- Endorsement of responsible persons.
CEO Dalius Trumpa +370 458 55200
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