Group's net turnover for the first quarter 2017 was EUR 5,87 mil., which is 2.12 mil. EUR or 56.3% more than in the first quarter of 2016.
The gross profit of the Group for the first quarter 2017 amounted to 0.67 mil. EUR, which is an increase of 2.0 times to the level of gross profit in the first quarter of 2016, but net profit of the Group for the first quarter 2017 amounted to 0.083 mil. EUR to 0.23 mil. EUR loss in the first quarter of 2016.
Please find attached JSC "Riga electric machinery factory" non-audited consolidated financial information for 3 months of the year 2017.
Svetlana Statina
Svetlana.statina@rer.lv
m.t. +371 27000898
