AS “KURZEMES ATSLEGA 1” Non-audited Financial Report for first 9 months 2015

  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 has 1362170 EUR  which is down by 17.2% or 283755 EUR in comparison with 9 months of 2014.

The 9 monts of the 2015 has finalized with losses in amount of 20505 EUR.

Losses per stock 30.09.2015 -   0.02 EUR

Volume of sold production divides as follows:

·         sold in local market (Latvia) – 58.1% ;

·         export – 41.9%

Volume of sold production divided as follows:

9 months of the 2014

·         sold in local market (Latvia) – 47.5%,

·         export – 52.5 %

Export is decreased by  292 782 EUR during 9 months of the 2014.

   Number of employees in 9 months of the 2015 is 90, average wage 474 EUR. Number of employees in 9 months of 2014 was 104, average wage 451 EUR. Average salary is up by 5.1% in comparison with corresponding period of previous year.

The market research continues with the aim to diversify the range of production.

Please see the file "KA1-Financial_Rerport_2015.30.09.pdf" in the attachment.