Kalvenes street 27, Aizpute, LV-3456, Latvia, 2017-02-28 15:38 CET (GLOBE NEWSWIRE) --
The action type of the Joint Stock Company “KURZEMES ATSLEGA 1” during 2016 has not changed in comparison with previous periods of time: door locks, ironware, furniture fittings, forged products, building structures, production tools etc. are still being produced and services of galvanization provided.
The fixed capital of the JSC “KURZEMES ATSLEGA 1” is 1285401 EUR, net turnover of the 2016th 1 508 226 EUR.
Net turnover of the 2016 compared with 2015 has reduced by 357 730 EUR, what makes 19.2% of turnover of the 2015th.
The 2016 has finalized with losses in amount of 228 465 EUR.
Loss per share – 0.25 EUR.
| Item | 31.12.2016. | 31.12.2015. |
| EUR | EUR | |
| Net sales | 1508226 | 1865956 |
| Cost of sales | 1611876 | 1733640 |
| Gross profit | -103650 | 132316 |
| Distribution expenses | 55086 | 37131 |
| Administration expenses | 81470 | 91819 |
| Other operating income | 40800 | 20970 |
| Other operating expenses | 31382 | 21378 |
| Operating profit | -230788 | 2958 |
| Interest paid and similar expense | 1554 | 1330 |
| Profit before tax | -232342 | 1628 |
| Deferred tax income | 3877 | 1675 |
| Enterprise income tax | 0 | -2810 |
| Net profit for the year | -228465 | 493 |
Please find the document „KA1_Non-aud_Fin_Report_2016.pdf" in attachment.
Irena Burve
Chief accountant
A/S Kurzemes Atslega-1
Kalvenes street 27
Aizpute, LV-3456
Latvia
Tel.: +371 63448075
