Group's net turnover in 2017  amounted to EUR 29,04 mil., which is 8.80 mil. EUR or 43.48% more than in 2016.

The gross profit of the Group in 2017 amounted to 4.67 mil. EUR, which is an increase of 1.49 times to the level of gross profit in 2016, but net profit of the Group in 2017  amounted to 0.52 mil. EUR to 0.47 mil. EUR profit in 2016.

Please find attached JSC "Riga electric machinery factory" audited consolidated financial report for the year 2017.

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