Net turnover of the Company during the reported period has reached EUR 1 095 956.
Despite the 8 % decrease of net turnover during the reported period the Company’s
Board has performed cost saving activities and as the result the Company concluded
the year with the audited profit of EUR 12 935. The Company’s Board recommends to
use the profit of 12 935 EUR to invest in the development of the Company.

The Management Board of JSC VEF

Additional information:
Tamara Kampane, Member of Management Board, JSC VEF,
e-mail: kampane@vef.apollo.lv