Daugavpils, 2017-08-23 09:21 CEST (GLOBE NEWSWIRE) --
| Type of operations | |||||||||||||||||||||||||||
| Basic activity of AS "DAUGAVPILS LOKOMOTĪVJU REMONTA RŪPNĪCA" is railway rolling stock overhaul repair, maintenance and upgrade, manufacturing and repair of its spare parts. AS "DAUGAVPILS LOKOMOTĪVJU REMONTA RŪPNĪCA" provides a repair services of all types of railway rolling stock - diesel - electric locomotives and electric trains. | |||||||||||||||||||||||||||
| Performance of the Group during the financial year | |||||||||||||||||||||||||||
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The consolidated net turnover of the Group of the 6 months of 2017 amounted 11,1 million. EUR (179,3 % increase compared with net turnover in the relevant period of 2016). The Group completed 6 months period of 2017 with a loss of 1,35 million EUR. During the accounting period, the Group exported its products to 8 countries, the total export volume amounted 10.1 million EUR (compared with 6 months of 2016 – 4.5 million EUR). The main directions of export in reporting period were EU countries: Estonia, Lithuania, Poland and Finland, and the third countries: Russia, Belarus, Kazakhstan and Uzbekistan. Losses are related with historical non-workload of first quarter. At the second quarter Company had loads, but could not realize objects due to the large delays of components deliveries from suppliers. Moreover, the results were influenced by fluctuations of the RF ruble, which did not allow to reach the planned financial leases from rental of rolling stock. For today the Company is operating at full load.
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| STATEMENT OF COMPREHENSIVE INCOME | |||||||||||||||||||||||||||
| Notes | 01.01.2017 - 30.06.2017 | 01.01.2016 - 30.06.2016 | |||||||||||||||||||||||||
| EUR | EUR | ||||||||||||||||||||||||||
| Net sales | (1) | 11 059 641 | 6 168 516 | ||||||||||||||||||||||||
| Cost of sales | (2) | (11 679 986) | (6 499 220) | ||||||||||||||||||||||||
| Gross profit (loss) | (620 345) | (330 704) | |||||||||||||||||||||||||
| Distribution expenses | (2) | (168 594) | (144 198) | ||||||||||||||||||||||||
| Administrative expenses | (2) | (528 020) | (682 758) | ||||||||||||||||||||||||
| Other income | 208 100 | 103 053 | |||||||||||||||||||||||||
| Other expenses | (33 857) | (54 711) | |||||||||||||||||||||||||
| Net finance income and loss | (210 498) | (349 194) | |||||||||||||||||||||||||
| Profit (loss) before tax | (1 353 214) | (1 458 512) | |||||||||||||||||||||||||
| Net profit (loss) | (1 353 214) | (1 458 512) | |||||||||||||||||||||||||
| Attributable to: | |||||||||||||||||||||||||||
| Equity holders of a parent company | (1 353 214) | (1 458 512) | |||||||||||||||||||||||||
| Minority interest | - | - | |||||||||||||||||||||||||
| Earnings per share (in cents) | |||||||||||||||||||||||||||
| Basic | (0.16) | (0.18) | |||||||||||||||||||||||||
| Diluted | (0.16) | (0.18) | |||||||||||||||||||||||||
| Total comprehensive income (expense) | (1 353 214) | (1 458 512) | |||||||||||||||||||||||||
| Attributable to: | |||||||||||||||||||||||||||
| Equity holders of a parent company | (1 353 214) | (1 458 512) | |||||||||||||||||||||||||
| Minority interest | - | - | |||||||||||||||||||||||||
Natālija Petrova
Member of the Board
t. 65404420, petrova@dlrz.lv
August 23, 2017
