|Emitents||Siguldas ciltslietu un mākslīgās apsēklošanas stacija, AS (48510000ZQJJELMSZC35)|
|Veids||1.1 Gada finanšu pārskati un revīzijas ziņojumi|
The Company’s net turnover in 2018 was 1.1 million euros, which is by 18 thousand euros or 1.6% bigger than in 2017.
The proportion of the revenue from the Company’s basic economic activities, if compared to year 2017, had not changed substantially − the revenue from the sales of the bull semen comprised 52.5% of the net turnover, whereas the milk laboratory services and processing of supervisory data services, taken together, accounted for 36.7% of the net turnover.
In 2018 the revaluation of the investment properties into the actual value resulted in profit of 2 thousand euros, whereas in 2017 it accounted for loss of 30 thousand euros.
The year 2018 resulted in losses of 11 thousand euros. Compared to 2017, the profit before taxes of the reporting year has decreased by 92 thousand euros, resulting from an increase of personnel and material costs.
PROFIT OR LOSS ACCOUNT
JSC ‘Siguldas ciltslietu un mākslīgās apsēklošanas stacija’ is one of the largest high-quality breeding bull semen producers and suppliers in Latvia. The second largest field of the Company’s basic economic activities is milk testing services. The Company also provides other breeding related services – consultations on issues of cattle breeding, feeding and keeping, evaluation of cow exterior, artificial insemination of cows, initial processing of the monitoring data.
Member of the Management Board, Manager of the Financial and Accounting department
Siguldas_CMAS_Annual_report_for_2018_audited.pdf (1322.25 kB)