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Talsu mezrupnieciba, JSC Unaudited Interim report for 9 month of 2016.
Emitents Talsu mežrūpniecība, AS (485100009P6918YAAS43)
Veids Finanšu pārskati
Valoda EN
Statuss Publicēts
Versija
Datums 2016-11-29 16:06:59
Versijas komentārs
Teksts

In the 3rd quarter of 2016 the net turnover was EUR 2 381 239. The result for 9 month of the year 2016 is profits EUR 60 046, wich corresponds to EUR 0.121 profits per share.

 

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

 The result for 9 month of the year 2016 is profits EUR  60 046   which, corresponds to EUR 0. 1210 profits per share.

During 9 month of the year 145101 m3 poles were produced in the timber processing unit and woodchips of 35 786 m3 were sold.

 Total revenues for the Company during 9 month of year 2016 were 2 381 239 EUR . This compared to 2015 is about  18.35  % lower, but gross profit is  about 14.14% higher.

The demand for products to England is positive.  

                2016                 2015
  Note              EUR                   EUR
Neto revenues 2 2 381 239    2 916 310
Costs of goods sold 3 (2 248 797)  (2 796 448)
Gross result   132 442      119 862
Administration expenses 4 (57 924)     (56 977)
Other operating income 5 2 348                         4
Other operating expenses 6   (9 281)       (8 572)
Financial income 7          2 059
Financial expenses 8  (6 282)         (2 528)
Profit (loss) before taxes     61 303      53 848
Deffered corporate income tax 9; 19    
Other taxes 18  (1 257)         (1 243)
Net profit (loss)     60 046      52 605

 

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 of 9 month 2016.

Chairman of the Board

Talsu mezrupnieciba, JSC

Gatis Staks,

Mob.ph. +371 265 388 94

e-mail: gatis@tmr.lv

Pielikumi
En Talsu MR 2016 3.pdf (162.98 kB)