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Talsu mezrupnieciba Half year Financial report (unaudited)
Emitents Talsu mežrūpniecība, AS (485100009P6918YAAS43)
Veids Finanšu pārskati
Valoda EN
Statuss Publicēts
Versija
Datums 2016-08-30 16:05:42
Versijas komentārs
Teksts

The main activities of the Company in 2016 were logging and production of timber products: peeled and turn poles production in timber processing unit.

In 2016 the net turnover was EUR 1 686 925, that is about 10.15% less than in 2015.

During 6 month of the year 2016,  10 213.- m3 poles were produced in the timber processing unit and woodchips of   23 803.-m3 were sold.

Total revenues for the Company during 6 month of year 2016 were EUR 1 686 925.

The result for 6 month of the year 2016 is profits EUR 64 164, which corresponds to EUR 0.129 profits per share.

        2016 2015
  Note     EUR EUR
Revenues 2     1 686 925 1 877 472
Cost of goods sold 3              (1 574 664)          (1 766 775)
Gross result       112 261 110 697
Administration expenses 4                (38 829)            (34 825)
Other operating income 5             2 348 4
Other operating expenses 6                  (7 114)              (7 606)
Fiancial income 7                      2 005
Financial expenses 8                     (3 245)              (1 812)
Profit (loss) before taxes                   65 421 68 463
Deferred corporate income tax 9; 18                     -                       -
Other taxes 17                     (1 257)                 (1 243)
Net profit (loss)              64 164 67 220

In the future the Company plans to continue the production of peeled and turn poles, increasing the proportion of timber purchased from small logging companies and private loggers, whose price offering is lower than that of VAS Latvijas valsts meži. It is also planned to sell the produced goods to a wider network of clients, achieving the most beneficial sales price.

Please find attached Financial Report (with Declaration) of 6 month 2016.

Chairman of the Board
JSC Talsu mezrupnieciba
Gatis Staks

Mob.ph. +371 26538894
e-mail:gatis@tmr.lv

Pielikumi
En Talsu MR 2016 3.pdf (165.94 kB)