Group's net turnover in the first half of 2017  was EUR 14,43 mil., which is 5.60 mil. EUR or 63.42% more than in the first half of 2016.

The gross profit of the Group for the first half of 2017 amounted to 2.74 mil. EUR, which is an increase of 2.7 times to the level of gross profit in the first half of 2016, but net profit of the Group in the first half of 2017  amounted to 1.15 mil. EUR to 0.20 mil. EUR loss in the first half of 2016.

Please find attached JSC "Riga electric machinery factory" non-audited consolidated financial report for 6 months of the year 2017.

         Svetlana Statina,
         E-mail: svetlana.statina@rer.lv,
         Phone: 67046903